＂Solvency II is the most important regulatory innovation in the field of insurance in the past 20 years. The length of this project, the number of operators involved through impact studies and
assessments, the adopted procedure and the wide range of innovations have created an atmosphere of great expectation around Solvency II entering into force. The adoption of a risk-based
approach appears to be the most important innovation of the new regulatory framework because it determines important issues related to capital requirements and their supervision as well as
their disclosure to the market. Capital Requirements, Disclosure, and Supervision in the European Insurance Industry provides an interesting analysis of Solvency II’s issues by combining both
thetheoretical approach and the empirical implications and effects on the European insurance industry. It discusses the new challenges facing insurance companies through the examination of its
structure, the rules with which insurance companies operating inEurope have to be compliant, and their implementation. ＂--
