Guy Carp: New solvency frameworks will challenge bottom line

Guy Carpenter has claimed that upcoming regulations - including
Solvency II and the Own Risk and Solvency Assessment in Europe -
will have a profound effect on (re)insurers' balance sheets and
risk management practices.
In addition to the increased administrative cost of compliance,
higher risk-based capital requirements often reduced the strategic
flexibility of insurance company operations and ultimately would
lower returns, warned Guy Carpenter's report, released earlier
today (15 September).