Solvency II: EU resources | Practical Law
The Solvency II Directive (2009/138/EC) provides the framework for the solvency and supervisory regime for insurers and reinsurers in the EU. It also consolidates, with some amendments, a number of previous insurance and reinsurance Directives. Member states were required to transpose the Solvency II regime by 31 March 2015, and firms had to implement it from 1 January 2016.