Tuesday, 1 November 2011
Captive owners reassured by Commission ahead of Frankfurt conference
Commercial Risk Europe holds its fourth Risk Frontiers seminar for readers today, this time in Frankfurt, Germany in partnership with ECIROA, DVS, BfV and BDI, at which the critical topics of Solvency II, captives and global programmes will be discussed.
Adrian Ladbury, Editor of Commercial Risk Europe
Karel van Hulle, Head of Unit, Insurance and Pensions, DG Internal Market and Services, and the architect of Solvency II, the new capital adequacy and reporting regime, was invited to give the opening address at the event to update CRE readers on latest developments and, in particular, the treatment of captives under the new Directive.
He was unfortunately unable to make it. But Mr Van Hulle instead kindly gave an exclusive interview to Adrian Ladbury, Editor of CRE, in Brussels, on Friday afternoon so that he can report the latest news to delegates. Following is the main news gathered from the interview that will be shared and discussed with delegates in Frankfurt. CRE readers who cannot make the event will be able to read full coverage of the event in our weekly electronic newsletter and the December newspaper.
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