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By Dr. Sebastiaan Niels HOOGHIEMSTRA*
On 19 January 2024, the Council of the European Union published the final compromise containing amendments to Directive 2009/138/EC (Solvency II). The text contains details of the modified “Long-term equity investments” (“LTE”) sub-model (with a favourable 22% capital charge) and a specific treatment for European long-term investment funds (“ELTIFs”) and other “low risk” alternative investment funds (“AIFs”). This contribution sheds some light on the implications of these amendments for insurers in the (low-risk AIF and) ELTIF context.
Long-Term Investments AIFs under Solvency II
The issue of long-term equity investments has been on the radar of the European...
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