Deprecated: OTGS_Installer_Repository::set_subscription(): Implicitly marking parameter $subscription as nullable is deprecated, the explicit nullable type must be used instead in /app/wp-content/plugins/sitepress-multilingual-cms/vendor/otgs/installer/includes/repository/class-otgs-installer-repository.php on line 85

Deprecated: OTGS_Installer_Package_Product_Finder::get_product_in_repository_by_subscription(): Implicitly marking parameter $subscription as nullable is deprecated, the explicit nullable type must be used instead in /app/wp-content/plugins/sitepress-multilingual-cms/vendor/otgs/installer/includes/class-otgs-installer-package-product-finder.php on line 11

Deprecated: WPML_TM_Job_Entity::set_deadline(): Implicitly marking parameter $deadline as nullable is deprecated, the explicit nullable type must be used instead in /app/wp-content/plugins/sitepress-multilingual-cms/classes/jobs/class-wpml-tm-job-entity.php on line 247

Deprecated: WPML_TP_API::__construct(): Implicitly marking parameter $logger as nullable is deprecated, the explicit nullable type must be used instead in /app/wp-content/plugins/sitepress-multilingual-cms/classes/translation-proxy/api/class-wpml-tp-api.php on line 13

Deprecated: WPML\ST\MO\Generate\Process\ProcessFactory::__construct(): Implicitly marking parameter $multiSiteCondition as nullable is deprecated, the explicit nullable type must be used instead in /app/wp-content/plugins/wpml-string-translation/classes/MO/Generate/Process/ProcessFactory.php on line 21

Warning: Cannot modify header information - headers already sent by (output started at /app/wp-content/plugins/sitepress-multilingual-cms/vendor/otgs/installer/includes/class-otgs-installer-autoloader.php:18) in /app/wp-includes/rest-api/class-wp-rest-server.php on line 1902

Warning: Cannot modify header information - headers already sent by (output started at /app/wp-content/plugins/sitepress-multilingual-cms/vendor/otgs/installer/includes/class-otgs-installer-autoloader.php:18) in /app/wp-includes/rest-api/class-wp-rest-server.php on line 1902

Warning: Cannot modify header information - headers already sent by (output started at /app/wp-content/plugins/sitepress-multilingual-cms/vendor/otgs/installer/includes/class-otgs-installer-autoloader.php:18) in /app/wp-includes/rest-api/class-wp-rest-server.php on line 1902

Warning: Cannot modify header information - headers already sent by (output started at /app/wp-content/plugins/sitepress-multilingual-cms/vendor/otgs/installer/includes/class-otgs-installer-autoloader.php:18) in /app/wp-includes/rest-api/class-wp-rest-server.php on line 1902

Warning: Cannot modify header information - headers already sent by (output started at /app/wp-content/plugins/sitepress-multilingual-cms/vendor/otgs/installer/includes/class-otgs-installer-autoloader.php:18) in /app/wp-includes/rest-api/class-wp-rest-server.php on line 1902

Warning: Cannot modify header information - headers already sent by (output started at /app/wp-content/plugins/sitepress-multilingual-cms/vendor/otgs/installer/includes/class-otgs-installer-autoloader.php:18) in /app/wp-includes/rest-api/class-wp-rest-server.php on line 1902

Deprecated: WPML_Translations::__construct(): Implicitly marking parameter $wpml_cache as nullable is deprecated, the explicit nullable type must be used instead in /app/wp-content/plugins/sitepress-multilingual-cms/classes/translations/class-wpml-translations.php on line 26

Deprecated: WPML_Translation_Element::__construct(): Implicitly marking parameter $wpml_cache as nullable is deprecated, the explicit nullable type must be used instead in /app/wp-content/plugins/sitepress-multilingual-cms/classes/translations/class-wpml-translation-element.php on line 27

Warning: Cannot modify header information - headers already sent by (output started at /app/wp-content/plugins/sitepress-multilingual-cms/vendor/otgs/installer/includes/class-otgs-installer-autoloader.php:18) in /app/wp-includes/rest-api/class-wp-rest-server.php on line 1902

Warning: Cannot modify header information - headers already sent by (output started at /app/wp-content/plugins/sitepress-multilingual-cms/vendor/otgs/installer/includes/class-otgs-installer-autoloader.php:18) in /app/wp-includes/rest-api/class-wp-rest-server.php on line 1902
{"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-pstg.servidortemporal.net\/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":"
\n
\n
\n
\n
\n\n

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
\"icon\"<\/div><\/a>\n <\/div>\n\n<\/div>\n<\/div>\n\n\n
\n
\n\n\n
\n\n
\n
\n\n \n
\n
Lawyer mentioned<\/div>\n
\n

\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

\n
Tipology<\/div>\n

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

\n
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

\n
\n
\n
\n
\n\n
\n\n\n
\n See previous \"icon\"\n <\/a>\n See next \"icon\"\n <\/a>\n <\/div>\n <\/div>\n<\/div>\n<\/div>\n\n<\/div>\n\n <\/div>\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pablo Muelas and Ana Mart\u00ednez-Pina analyse the impact of the Solvency II\" \/>\n<meta property=\"og:description\" content=\"The Solvency II reform promises to release billions of euros of capital currently held by Spanish insurers\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ga-pstg.servidortemporal.net\/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:site_name\" content=\"Despacho de abogados G\u00f3mez-Acebo y Pombo\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-07T10:14:40+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ga-pstg.servidortemporal.net\/en\/news\/pablo-muelas-and-ana-martinez-pina-analyse-the-impact-of-the-solvency-ii-reform-on-spanish-insurers-el-economista\/\",\"url\":\"https:\/\/ga-pstg.servidortemporal.net\/en\/news\/pablo-muelas-and-ana-martinez-pina-analyse-the-impact-of-the-solvency-ii-reform-on-spanish-insurers-el-economista\/\",\"name\":\"Pablo Muelas and Ana Mart\u00ednez-Pina analyse the impact of the Solvency II\",\"isPartOf\":{\"@id\":\"https:\/\/ga-pstg.servidortemporal.net\/en\/#website\"},\"datePublished\":\"2026-01-07T10:12:30+00:00\",\"dateModified\":\"2026-01-07T10:14:40+00:00\",\"description\":\"The Solvency II reform promises to release billions of euros of capital currently held by Spanish insurers\",\"breadcrumb\":{\"@id\":\"https:\/\/ga-pstg.servidortemporal.net\/en\/news\/pablo-muelas-and-ana-martinez-pina-analyse-the-impact-of-the-solvency-ii-reform-on-spanish-insurers-el-economista\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ga-pstg.servidortemporal.net\/en\/news\/pablo-muelas-and-ana-martinez-pina-analyse-the-impact-of-the-solvency-ii-reform-on-spanish-insurers-el-economista\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ga-pstg.servidortemporal.net\/en\/news\/pablo-muelas-and-ana-martinez-pina-analyse-the-impact-of-the-solvency-ii-reform-on-spanish-insurers-el-economista\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\/\/ga-pstg.servidortemporal.net\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pablo Muelas and Ana Mart\u00ednez-Pina analyse the impact of the Solvency II reform on Spanish insurers | El Economista\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ga-pstg.servidortemporal.net\/en\/#website\",\"url\":\"https:\/\/ga-pstg.servidortemporal.net\/en\/\",\"name\":\"Despacho de abogados G\u00f3mez-Acebo & Pombo\",\"description\":\"G\u00f3mez-Acebo y Pombo es una firma de abogados independiente, con experiencia internacional, especializada en todas las \u00e1reas del derecho de los negocio.\",\"publisher\":{\"@id\":\"https:\/\/ga-pstg.servidortemporal.net\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ga-pstg.servidortemporal.net\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ga-pstg.servidortemporal.net\/en\/#organization\",\"name\":\"Despacho de abogados G\u00f3mez-Acebo & Pombo\",\"url\":\"https:\/\/ga-pstg.servidortemporal.net\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ga-pstg.servidortemporal.net\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ga-pstg.servidortemporal.net\/wp-content\/uploads\/2024\/09\/Logo-1-1.svg\",\"contentUrl\":\"https:\/\/ga-pstg.servidortemporal.net\/wp-content\/uploads\/2024\/09\/Logo-1-1.svg\",\"caption\":\"Despacho de abogados G\u00f3mez-Acebo & Pombo\"},\"image\":{\"@id\":\"https:\/\/ga-pstg.servidortemporal.net\/en\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Pablo Muelas and Ana Mart\u00ednez-Pina analyse the impact of the Solvency II","description":"The Solvency II reform promises to release billions of euros of capital currently held by Spanish insurers","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Pablo Muelas and Ana Mart\u00ednez-Pina analyse the impact of the Solvency II","og_description":"The Solvency II reform promises to release billions of euros of capital currently held by Spanish insurers","og_url":"https:\/\/ga-pstg.servidortemporal.net\/en\/news\/pablo-muelas-and-ana-martinez-pina-analyse-the-impact-of-the-solvency-ii-reform-on-spanish-insurers-el-economista\/","og_site_name":"Despacho de abogados G\u00f3mez-Acebo y Pombo","article_modified_time":"2026-01-07T10:14:40+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/ga-pstg.servidortemporal.net\/en\/news\/pablo-muelas-and-ana-martinez-pina-analyse-the-impact-of-the-solvency-ii-reform-on-spanish-insurers-el-economista\/","url":"https:\/\/ga-pstg.servidortemporal.net\/en\/news\/pablo-muelas-and-ana-martinez-pina-analyse-the-impact-of-the-solvency-ii-reform-on-spanish-insurers-el-economista\/","name":"Pablo Muelas and Ana Mart\u00ednez-Pina analyse the impact of the Solvency II","isPartOf":{"@id":"https:\/\/ga-pstg.servidortemporal.net\/en\/#website"},"datePublished":"2026-01-07T10:12:30+00:00","dateModified":"2026-01-07T10:14:40+00:00","description":"The Solvency II reform promises to release billions of euros of capital currently held by Spanish insurers","breadcrumb":{"@id":"https:\/\/ga-pstg.servidortemporal.net\/en\/news\/pablo-muelas-and-ana-martinez-pina-analyse-the-impact-of-the-solvency-ii-reform-on-spanish-insurers-el-economista\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ga-pstg.servidortemporal.net\/en\/news\/pablo-muelas-and-ana-martinez-pina-analyse-the-impact-of-the-solvency-ii-reform-on-spanish-insurers-el-economista\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ga-pstg.servidortemporal.net\/en\/news\/pablo-muelas-and-ana-martinez-pina-analyse-the-impact-of-the-solvency-ii-reform-on-spanish-insurers-el-economista\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Portada","item":"https:\/\/ga-pstg.servidortemporal.net\/en\/"},{"@type":"ListItem","position":2,"name":"Pablo Muelas and Ana Mart\u00ednez-Pina analyse the impact of the Solvency II reform on Spanish insurers | El Economista"}]},{"@type":"WebSite","@id":"https:\/\/ga-pstg.servidortemporal.net\/en\/#website","url":"https:\/\/ga-pstg.servidortemporal.net\/en\/","name":"Despacho de abogados G\u00f3mez-Acebo & Pombo","description":"G\u00f3mez-Acebo y Pombo es una firma de abogados independiente, con experiencia internacional, especializada en todas las \u00e1reas del derecho de los negocio.","publisher":{"@id":"https:\/\/ga-pstg.servidortemporal.net\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ga-pstg.servidortemporal.net\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ga-pstg.servidortemporal.net\/en\/#organization","name":"Despacho de abogados G\u00f3mez-Acebo & Pombo","url":"https:\/\/ga-pstg.servidortemporal.net\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ga-pstg.servidortemporal.net\/en\/#\/schema\/logo\/image\/","url":"https:\/\/ga-pstg.servidortemporal.net\/wp-content\/uploads\/2024\/09\/Logo-1-1.svg","contentUrl":"https:\/\/ga-pstg.servidortemporal.net\/wp-content\/uploads\/2024\/09\/Logo-1-1.svg","caption":"Despacho de abogados G\u00f3mez-Acebo & Pombo"},"image":{"@id":"https:\/\/ga-pstg.servidortemporal.net\/en\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/ga-pstg.servidortemporal.net\/en\/wp-json\/wp\/v2\/noticia\/383359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ga-pstg.servidortemporal.net\/en\/wp-json\/wp\/v2\/noticia"}],"about":[{"href":"https:\/\/ga-pstg.servidortemporal.net\/en\/wp-json\/wp\/v2\/types\/noticia"}],"wp:attachment":[{"href":"https:\/\/ga-pstg.servidortemporal.net\/en\/wp-json\/wp\/v2\/media?parent=383359"}],"wp:term":[{"taxonomy":"categoria","embeddable":true,"href":"https:\/\/ga-pstg.servidortemporal.net\/en\/wp-json\/wp\/v2\/categoria?post=383359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}