Eiopa infrastructure plans too conservative, says industry

Regulator proposes cuts to capital charges, but insurers say more needed


After months of deliberation, the European Insurance and Occupational Pensions Authority (Eiopa) has proposed that capital charges be reduced for infrastructure assets, but not everyone is convinced the authority has gone far enough.

Eiopa announced its proposed cuts to Solvency II capital charges in a consultation paper on July 2, following industry roundtable discussions convened by the authority in February and May.

In the paper, both infrastructure debt and equity charges are reduced and infra