EC wants Solvency II securitisation rethink

The European Commission is calling for a rethink of how much capital insurers must hold against securitisations under Solvency II, giving a glimmer of hope that the requirements that have dissuaded insurers from buying ABS may be relaxed.

  • 05 Oct 2012
The EC has asked the European Insurance and Occupational Pensions Authority (EIOPA) to look into whether Solvency II’s capital charges for long-term finance, including securitisations, need to be adjusted. The Solvency II draft has pushed insurers to look at whole loans for exposure to the residential and commercial ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 13,295 25 18.56
2 Bank of America Merrill Lynch (BAML) 8,059 25 11.25
3 Lloyds Bank 6,979 21 9.74
4 Citi 6,256 16 8.73
5 JP Morgan 5,220 8 7.29

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 104,427.74 298 10.96%
2 Bank of America Merrill Lynch 86,347.40 249 9.06%
3 JPMorgan 80,990.39 237 8.50%
4 Wells Fargo Securities 77,934.65 225 8.18%
5 Credit Suisse 63,570.21 165 6.67%