The battles lines that have been drawn up over the European Insurance and Occupational Pensions Authority’s review of Solvency II were on display at the pan-European regulators’ recent annual conference in Frankfurt.

In the first of a new series of exclusive interviews for the Insurance Investment Exchange David Worsfold spoke to Con Keating, head of research at Brighton Rock Group.

The UK may have afforded itself the dubious luxury of a General Election in its desperation to find a way of breaking the Brexit impasse but in the rest of the European Union, especially among its regulators, it is business as usual.

For the European Insurance and Occupational Pensions Authority (EIOPA) this means holding its 9th Annual Conference in Frankfurt next Tuesday (19 November).

It’s been a decade since securitisation was banished from insurance portfolios in the wake the Global Financial Crisis and the subsequent draconian Solvency II regulation which imposed capital charges most market experts agreed were out of kilter with the risks inherent in the underlying investments.