Convergence 'main strategic focus' for Eiopa – Bernardino

Lack of Solvency II consistency dominates discussion at authority's conference

Gabriel Bernardino
Gabriel Bernardino

A word repeated more than any other at the European Insurance and Occupation Pensions Authority’s (Eiopa) annual conference this year was “convergence”, arguably revealing the lack of it in Solvency II’s implementation so far.

Opening the conference, which took place in Frankfurt on November 18, Gabriel Bernardino, chairman of Eiopa in Frankfurt, said he will make convergence in the implementation of Solvency II his top priority for the next few years, amid concerns that various aspects of the d