This book analyzes the impact of Solvency II. In recent years, EU
legislators have sought to introduce fundamental reforms. Whether
these reforms were indeed fundamental is critically investigated
with regard to a post-crisis piece of financial legislation
affecting the EU's largest institutional investors: Solvency II.
Namely, the last financial and economic crisis, the worst financial
catastrophe of the last decade, revealed that financial law in
particular was not sufficiently mature to maintain the existence of
a robust and trust-worthy financial system that could protect
society from economic decline. The work also makes concrete
recommendations on achieving a more sustainable future. As such, it
offers a valuable resource for anyone who is interested in the
financial system, the EU political economy, insurance,
sustainability, and Critical Legal Studies.
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