17 October 2017

44975

Retired Member

3,170Posts 11,339,011Views 3,404Comments
Finextra community

Financial Services Regulation

This network is for financial professionals interested in staying up to date on financial services regulation happening anywhere in the world. CFOs, bankers, fund managers, treasurers welcome.

EIOPA publishes findings on Solvency II long-term guarantee

17 July 2013  |  2148 views  |  0

The European Insurance and Occupational Pensions Authority (EIOPA) has published
its technical findings on the long-term guarantee package, a set of
potential measures aimed at facilitating the provision of insurance products
with long-term guarantees under the new Solvency II insurance regulatory
regime.

EIOPA concluded that the final package to be included in the Solvency II framework
should fulfil a number of principles including:

  • alignment with the Solvency II framework and the economic balance sheet concept;
  • full consistency and comparability in order to enhance the single market;
  • efficient linking of all the three pillars (quantitative basis, qualitative requirements and enhanced reporting and disclosure);
  • proportionality and simplicity; and
  • adequate treatment of transitional issues.

Related Link:

https://eiopa.europa.eu/fileadmin/tx_dam/files/consultations/QIS/Preparatory_forthcoming_assessments/final/outcome/EIOPA_LTGA_Report_14_June_2013_01.pdf

Comments: (0)

Comment on this story (membership required)

Retired's profile

job title
location
member since 2014
Summary profile See full profile »

Retired's expertise

Member since 2009
3119 posts3,404 comments
What Retired reads

Who's commenting on Retired's posts

Ketharaman Swaminathan
Dharmesh Mistry
Nicola Cowburn
Michael Wright
Charmaine Oak
Francis Chlarie
Raymond Lee
Deepthi Rajan
Melvin Haskins
João Bohner
Bob Lyddon
Urs Meier