Bernardino: systemic reinsurers should get no special treatment

Eiopa chairman speaks to on G-Siis, derivatives use and regulation of securities financing

Gabriel Bernardino
Gabriel Bernardino believes there is too much focus on HLA requirements, rather than supervision

In an expansive interview, Gabriel Bernardino, chairman of the European Insurance and Occupational Pensions Authority (Eiopa) discusses a number of issues facing insurers.

Bernardino talks about the inability to achieve a comprehensive position among supervisors on formulation of the volatility adjustment (VA), his priorities for revising Solvency II and Eiopa's position on counter-cyclical buffers and extra liquidity requirements for insurers proposed by the European Systemic Risk Board (ESRB).

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