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International

Solvency II barrier to infrastructure investment: Official

March 04, 2015 Reprints

Italian insurer Assicurazioni Generali S.p.A. CEO Alberto Minali has said that the European Union's Solvency II rules would make it too expensive for insurers to invest in infrastructure, Reuters reported.

Mr. Minali urged E.U. regulators to ease capital charges on insurers in order to help them support the region's plans to strengthen growth via infrastructure projects.

"With the current Solvency II framework, it is not possible to allocate enough capital to support such investment," Mr. Minali said.

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Solvency II barrier to infrastructure investment: Official

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