Solvency II exaggerates securitisation risks: Insurance Europe

Trade body Insurance Europe has called for the European
Commission to reconsider how it implements its simple, transparent
and standardised (STS) framework for securitisations.
Under the existing proposals, the scope of the review of
Solvency II capital requirements is too broad, with not enough
being done to differentiate between different types of
securitisations and their relevant risk profiles, the organisation
said.
As an example, Insurance Europe said it believed that
high-quality, senior