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vendredi 18 décembre 2020

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Solvency II Review 2020: EIOPA advice to European Commission could go further to progress Solvency II evolution

The Association of Mutual Insurers and Insurance Cooperatives in Europe (AMICE), the voice of the mutual and cooperative insurance sector in Europe, is disappointed that EIOPA’s advice to the European Commission on the Solvency II Review published today represents an increasingly conservative approach to insurance risk, which ultimately will negatively impact policyholders. Solvency II has proven to be a robust tool since its full commencement in 2016; this review is an opportunity to improve certain aspects of the regulatory infrastructure, ultimately with the aims of ensuring financial stability and to benefit policyholders. AMICE is concerned that the advice from EIOPA does not reflect several proposed improvements to Solvency II which have been examined and...

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