On Thursday, the European Insurance and Occupational Pensions Authority (EIOPA) published its EU-wide stress test for the European insurance sector. The results look positive at first sight, but closer inspection gives grounds for serious concern. An accompanying EIOPA report published today reveals that some insurers only manage to meet their Solvency capital requirement (SCR – […]
Solvency II wire: Beware of excessive LTG measures
Beware of excessive LTG measures Solvency II Wire, August 24, 2013 Most of the critics of the EIOPA Long-Term Guarantees Assessment argue that the proposed measures do not go far enough in providing capital relief for the insurance industry. However, Sven Giegold, MEP and member of the ECON committee, argues that more consideration must be […]