EIOPA Proposal for Guidelines on the preparation for Solvency IIJohn McKenzie
Prudent Person Principle (Guidelines 28-37)These Guidelines provide guidance on the approach to investment decision-making that is to be appliedunder Solvency II. A key part of this guidance relates to the "Prudent Person Principle" which should be used to govern investmen...
On 10 July 2012, the European Insurance andOccupational Pensions Authority (EIOPA) published a package containing its final report on the draftGuidelines for reporting and disclosurerequirements for insurance undertakings andgroups under Solvency II.Milliman Solvency II Update...
Eiopa to give Solvency II interim guidelines.The European Insurance and Occupational Pensions Authority will issue guidelines addressed to national supervisors on how to proceed in the interim phase leading up to Solvency II.EBSCO_bspReactions
EIOPA Consultation Paper on guidelines for supervisory reporting and public disclosuresummary documents aim to provide information on the purpose, potential benefits and costs,application to groups, materiality thresholds, public disclosure and frequency of each template.Milliman Solvency II Update...
EIOPA Final Guidelines on the preparation for Solvency IINCAs are required to submit progress reports toEIOPA. The first progress report should besubmitted by 28 February 2015, based on theperiod from 1 January 2014 to 31 December 2014.Milliman Solvency II Update...
EIOPA Consultation Paper on the proposal for guidelines on submission of information to national competent authoritiesFor insurance or reinsurance groups, theConsultation Paper suggests that NCAs ensure that firms or insurance holding companies at the head of an insurance or reinsurance group must submit...
The role of EIOPA is to ensure the Solvency II implementation at the technical level in a convergent way. This will be done through the key legal activity of EIOPA, which is assigned to us by the EU law - preparation of Implementing Technical Standards (ITS) and Guidelin...
Layers at which group solvency calculations will be required: Article 213 sets out four levels at which some form of group supervision will be required, which the Guidelines confirm are not mutually exclusive. However, the Guidelines indicate that supervisors should `consider' the application ...
On 10 July 2012, the European Insurance andOccupational Pensions Authority (EIOPA) published a package containing its final report on the draftguidelines for reporting and disclosure requirements for insurance undertakings and groups underSolvency II.Milliman Solvency II Update...