Matheson partner Darren Maher took part in a discussion on Solvency II at the European Insurance Forum (EIF) conference in Dublin today.

The theme of today’s conference was “The Road To Risk Revolution”, reflecting on the “need to revolutionise how we deal with the future risk landscape”.

Mr Maher leads a team of corporate and regulatory insurance lawyers that has advised on some of the most complex and high profile transactions in the Irish insurance sector in recent years.

He took part in a panel discussion on the impact of Solvency II on European and third country re/insurers and the influence of the Solvency II approach on global standards being developed.

Each of the EU28 member states are in the process of fully implementing Solvency II and other countries which are fundamental elements of the international re/insurance market have developed complementary systems of regulation addressing the principles of total risk management to oversee companies in their jurisdictions, while others remain outside the equivalence regime.

Mr Maher brought a legal perspective to the discussion, which also heard from five other industry figures.