Generali receives Solvency II approval.
Global Banking News-March 8, 2016--Generali receives Solvency II approval
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Global Banking News - 08 March 2016
Italian insurance group Generali (BIT.G) has received Solvency II approval from IVASS, the Italian Institute for the Supervision of Insurance.
The approval authorises the firm to use a partial internal model to calculate the solvency capital requirement at group level, as well as the solvency capital requirements for its main Italian and German insurance companies, for the non-life French companies and for Czech company, Ceska Pojistovna.
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