MUNICH (dpa-AFX) - German reinsurer Munich Re (0KFE.L) said it is well on track to meet all Solvency II requirements by the introduction in 2016. Nearly 80% of European insurers are likely to fully achieve the Solvency II requirements.
The company said the introduction of Solvency II will have no direct impact on accounting regimes, and convergence of some dimensions can be expected in the next few years.
Copyright RTT News/dpa-AFX