Solvency II and securitisation : significant negative impact on European market

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<title>Solvency II and securitisation</title>
<subTitle>: significant negative impact on European market</subTitle>
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<namePart>Ramadurai, Krishnan</namePart>
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<namePart>Fitch Ratings</namePart>
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<issuance>monographic</issuance>
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<placeTerm type="text">New York</placeTerm>
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<publisher>Fitch Ratings</publisher>
<dateIssued>2012</dateIssued>
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<abstract displayLabel="Summary">Solvency II reshapes asset allocation: Solvency II will force European insurers to value assets and liabilities at fair value using market rates where available (and market consistent valuations or estimates where not) when determining their solvency position, and to hold capital to reflect the market value of assets over a one year horizon. Because insurers are the largest holders of European invested assets, with EUR6.7trn, or 40% of the total, increased capital charges will heavily influence asset allocation  and the market for all asset classes in Europe</abstract>
<note type="statement of responsibility">Krishnan Ramadurai... [et al.]</note>
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<topic>Solvencia II</topic>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080574154">
<topic>Títulos-valores</topic>
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<topic>Mercado de seguros</topic>
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<topic>Requerimientos financieros</topic>
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