Omnibus II
UFR change would ‘threaten’ Solvency II political compromise
German policy-makers talk tough in opposition to lowering of discount rate
German insurers ‘better off’ with Solvency II static transitional
Static transitional will smooth impact of unrealised gains on profit shares
Solvency II’s level 2 is the next battleground
Insurers have concerns about European Commission's unofficial Level 2 text
Concessions on Solvency II equivalence not followed through in level 2 proposals
Requirements for using deduction and aggregation method to calculate SCR of subsidiaries remain too high, insurers say
Insurers claim draft level 2 proposals could water down volatility adjustment
Inclusion of non-fixed-income assets in reference portfolio is 'unjustified'
Rapporteur Balz on long-term guarantees, Solvency II's level 2 and global standards
Two months after the landmark political agreement on Omnibus II, MEP Burkhard Balz discusses the thorny issues that did not make it into the directive, spells out his expectations for the level 2 text and gives a warning about the implications of global…
'No appetite to reopen Solvency II' in face of global capital standards - Balz
Omnibus II rapporteur fears additional burden of global quantitative requirements
Commission urged to curb supervisors’ leeway on volatility adjustment
Delegated acts must set stringent conditions for calculating fundamental spread, insurers say
‘Unhedgeable’ risk-free curve extrapolation method implied in Omnibus II text
Controversial Smith-Wilson technique expected to be confirmed in level 2 implementing measures
BBB limits in matching adjustment scrapped in Omnibus II deal
Ceiling on BBB-rated bonds and forced sale on downgrade removed from final Omnibus II compromise text
The Omnibus II deal may have been done, but tough negotiations remain
'Robust debates' await level 2 discussions
Disclosure of Solvency II's long-term measures benefit risks ‘misinterpretation’
Dual-reporting could confuse investors and undermine confidence in the LTG package, say experts
Insurers demand clarity on Omnibus II
Equivalence, credit risk adjustment and details on level 2 text urgently needed, say top insurance executives
Omnibus II agreement puts Solvency II back on track
More generous long-term guarantees package and long transitional period in deal
Barnier to attend crunch trilogue to see Solvency II negotiations ‘over the finish line'
Profound changes expected to long-term guarantees package
Q&A: Commission Solvency II head Wiedner on closing the deal on Omnibus II
Klaus Wiedner, head of the insurance and pensions unit at the European Commission, has the task of brokering a deal on Omnibus II. As negotiations go down to the wire, he rebuts criticism that too many concessions are being made to the insurance industry…
Commission looks to review clause to close deal on Omnibus II
Extensive safeguards and supervisory controls to be built in to Solvency II long-term guarantees package, says Commission’s insurance head
No agreement in crucial Solvency II negotiations
Further trilogue scheduled as inconclusive negotiations continues uncertainty over Omnibus II package
Lithuanian presidency proposes increase to volatility adjuster cap
Benefit could more than triple amid hopes of a deal on Omnibus II long-term guarantees package
Van Hulle urges parties to reach agreement in Omnibus II negotiations
Former Solvency II head at European Commission says agreement in the interests of all stakeholders
EU Council accused of bulldozing over long-term guarantees proposals
German MEP “appalled” by “irresponsible” council as Omnibus II trilogue negotiations resume