Insurance Journal

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Dutch Insurer Delta Lloyd Still Faces Solvency II Uncertainties; Rights Issue Planned

Dutch insurer Delta Lloyd is still discussing aspects of Europe’s new solvency regime with regulators as it prepares a 1 billion euro ($1.1 billion) rights issue to shore up its position. Delta Lloyd’s shares, which dipped 1.5 percent to 5.36 euros on Monday, lost two-thirds of their...

Best Reports Bermuda Inching Toward Solvency II Equivalence

A.M. Best has issued a briefing report, which notes that “Bermuda moved one step closer to achieving Solvency II equivalence on November 26, 2015 when a delegated act regarding the equivalence of the supervisory regime for insurance and reinsurance undertakings in force in Bermuda was sent to the EU Parliament and Council for a three-month scrutiny period.”..