Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Hungary: Central bank finds insurers at lower risk in complying with Solvency II

Reprints

The National Bank of Hungary has found in a study that insurers in the country are at lower risk in complying with the Solvency II directive, the Budapest Business Journal reports.

The central bank said it found a "significantly lower degree of risk compared to pan-European exposure," among Hungarian insurers.

While 13% of insurers would require supervision to conform to the new regulations, these insurers represent only 1% of the overall insurance sector's assets, the study said.

Read more