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Insurance Europe sets out EU insurance ‘ambitions’ and warns against EIOPA’s Solvency II review proposals

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Published on: 16 January 2020

Published by LNB News

LNB News 16/01/2020

Document Information

Issue Date: 16 January 2020

Published Date: 16 January 2020

Jurisdiction(s): United Kingdom

Article summary

Insurance Europe (IE) has published its ‘Ambitions for Europe’, setting out policy suggestions on four topics that reflect some of the key objectives of the new European Commission. For each ambition, IE sets out key challenges, how insurers should respond, and what regulators can do. However, IE also raises a number of issues with Solvency II and expresses concern that some of the proposals suggested by the European Insurance and Occupational Pensions Authority (EIOPA) in its 2020 review consultation could be counterproductive.

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