Insurers fear non-recognition of equivalence under Solvency II interim reporting requirements
Group supervisors to determine whether European or local rules apply to non-European entities
European insurance groups with third-country operations have expressed concerns that reporting requirements featured in draft Solvency II interim measures may not allow them to take proper account of equivalence assumptions.
On March 27, the European Insurance and Occupational Pensions Authority (Eiopa) published a series of public consultation papers on interim measures that national regulators are expected to implement in preparation for Solvency II. They include some Pillar III-style
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