Solvency II
Also called: Solvency 2, insurance capital regime
Solvency II is the EU capital regime for insurers, requiring capital sized to survive a one-in-200-year loss over a year, with market-consistent valuation of assets and liabilities. It's the insurance analogue of Basel for banks. Its practical effect on markets is large: capital charges shape what insurers can hold, which influences demand for long-dated bonds and infrastructure debt.