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European insurance union and how to get there

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  • Dirk Schoenmaker

Abstract

The issue The full entry into force at the start of 2016 of the European Union’s Solvency II risk-based capital framework for insurance poses new challenges for supervisory cooperation in Europe. Supervisory challenges are present in terms of both management of systemic risk and day-to-day supervision. The common vulnerability of insurers to market risks, in particular the current low interest rate, is a source of systemic risk, and while supervisors...

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  • Dirk Schoenmaker, 2016. "European insurance union and how to get there," Policy Briefs 18144, Bruegel.
    • Handle: RePEc:bre:polbrf:18144
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