Supervisory standards in Bermuda and Switzerland find favour
FOR certain insurance jurisdictions, the road to third country equivalence under Solvency II has become considerably smoother following release last week (JULY 21) of draft advice from Ceiops on the list of non-EU (third) countries which will be subject to an “equivalence assessment” starting in November 2010, reports Guy Soussan, a partner at Steptoe & Johnson LLP, Brussels.