European Parliament
Aldo Patriciello  (PPE ),
in writing.
(IT)
This directive establishes a new and modern solvency regime for insurers and reinsurers in the European Union. It provides for an economic risk-based approach which provides incentives for insurance and reinsurance undertakings to properly measure and manage their risks. These new rules are essential in order to ensure a safe and solid insurance sector. The proposal to amend Directive 2009/138/EC ensures a smooth transition to the new regime. Given the very short time before the expiry of the previous regime and, hence, the need to avoid a legal vacuum, I voted in favour of the proposal.

