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Lack of clarity on calculation parameters jeopardises long-term guarantees test

Concerns that technical specifications may be released only days before assessment is launched

market volatility
Insurers offering long-term guarantees must deal with market volatility

Insurers will struggle to participate in the exercise to assess the impact of Solvency II on products with long-term guarantees if the full technical specifications for the exercise are not published imminently, experts warn.

The long-term guarantee assessment (LTGA) is set to begin on January 28, but the European Insurance and Occupational Pensions Authority (Eiopa), which is running the

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