{"id":383359,"date":"2026-01-07T11:12:30","date_gmt":"2026-01-07T10:12:30","guid":{"rendered":"https:\/\/ga-p.com\/?post_type=noticia&p=383359"},"modified":"2026-01-07T11:14:40","modified_gmt":"2026-01-07T10:14:40","slug":"pablo-muelas-and-ana-martinez-pina-analyse-the-impact-of-the-solvency-ii-reform-on-spanish-insurers-el-economista","status":"publish","type":"noticia","link":"https:\/\/ga-p.com\/en\/news\/pablo-muelas-and-ana-martinez-pina-analyse-the-impact-of-the-solvency-ii-reform-on-spanish-insurers-el-economista\/","title":{"rendered":"Pablo Muelas and Ana Mart\u00ednez-Pina analyse the impact of the Solvency II reform on Spanish insurers | El Economista"},"content":{"rendered":"
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The Solvency II reform promises to release billions of euros of capital currently held by Spanish insurers, at a time when European regulation seeks to encourage strategic investments and optimise the sector\u2019s solvency.<\/h4>\n\n\n\n

Pablo Muelas, partner in charge of the insurance practice, explains: \u201cThe regulator, understandably, has not yet issued a statement, but the Commission estimated that this regulation could free between \u20ac48 billion and \u20ac90 billion. Considering that Spain represents between 5% and 8% of the industry, that would be the broad range.\u201d<\/em> On investment incentives, Muelas adds: \u201cFor certain types of equities, of high quality and with a market that allows them to be liquid, the capital requirement is reduced to 22%, compared to 39% or 49% for more volatile or less liquid equities.\u201d<\/em><\/p>\n\n\n\n

Ana Mart\u00ednez-Pina, partner in financial regulation, highlights the implementation timeline: \u201cThe issue is parliamentary processing, which is currently complicated.\u201d<\/em> The project depends on another law that must be approved by both the Congress and the Senate, with the planned entry into force scheduled for 30 January 2027.<\/p>\n\n\n\n

With these changes, Spanish insurers could optimise their capital, encourage strategic investments, and adapt to a more flexible regulatory framework, although the legal and parliamentary process will remain key to ensuring compliance and the effectiveness of the reform.<\/p>\n\n\n\n

\n\n Read more<\/span>\n
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Lawyer mentioned<\/div>\n
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\n <\/span>\n Pablo Muelas<\/a>\n – Partner<\/span>\n <\/p>\n

\n <\/span>\n Ana Mart\u00ednez-Pina<\/a>\n – Partner<\/span>\n <\/p>\n <\/div>\n <\/div>\n \n

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\n <\/span>\n Tribune<\/span>\n <\/p>\n <\/div>\n \n

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Areas and sectors<\/div>\n

\n <\/span>\n Financial Regulatory<\/a>\n <\/p>\n

\n <\/span>\n Insurance and Pension Funds<\/a>\n <\/p>\n <\/div>\n <\/div>\n<\/div>\n\n<\/div>\n<\/div>\n\n<\/div>\n\n <\/div>\n\n<\/div>\n\n\n

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The Solvency II reform promises to release billions of euros of capital currently held by Spanish insurers, at a time when European regulation seeks to encourage strategic investments and optimise the sector\u2019s solvency.<\/p>\n","protected":false},"featured_media":0,"template":"","categoria":[278],"class_list":["post-383359","noticia","type-noticia","status-publish","hentry","categoria-tribune"],"acf":[],"yoast_head":"\nPablo Muelas and Ana Mart\u00ednez-Pina analyse the impact of the Solvency II<\/title>\n<meta name=\"description\" content=\"The Solvency II reform promises to release billions of euros of capital currently held by Spanish insurers\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ga-p.com\/en\/news\/pablo-muelas-and-ana-martinez-pina-analyse-the-impact-of-the-solvency-ii-reform-on-spanish-insurers-el-economista\/\" \/>\n<meta property=\"og:locale\" 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