One for the purists, but for those that want to have a read..

Solvency II: Striking the balance − speech by Sam Woods

Some notable comments:

  • Sam Woods Says Reform Of Insurance Rules Could Release 10-15% Of The Current Capital Held By Life Insurers
  • Insurance Reform Could Support Between 45 Billion And 90 Billion Pounds In Additional Investment In The Economy
  • Woods Says Industry Reaction To BOE's Revised Proposals For Reforming Solvency Rules Has Been Strongly Negative