LTGA proposals set to stoke divisions between insurers and lawmakers
Concerns that Eiopa's proposals will not work and could delay Solvency II
The results of the long-term guarantees impact assessment are unlikely to end the division between the insurance industry and policy-makers over the amount capital insurers must hold against products with investment guarantees under Solvency II.
The proposals put forward by the European Insurance and Occupational Pensions Authority (Eiopa) last week are facing criticism that the conclusions are not supported by the data and that the proposals may not work in the way Eiopa intends.
There are
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