EIOPA: Opinion on the 2020 review of Solvency II
17 Dec 2020
International
1 min read
EIOPA has submitted its Opinion on the Solvency II 2020 Review to the EC. Although EIOPA believes that overall the Solvency II framework is working well it sets out a number of proposals for the EC to consider. These include: adjustments to the treatment of interest rate risk; improvements to the volatility adjustment; refinements to the calculation of the risk margin of insurance liabilities and a new process for applying and supervising the principle of proportionality.
