ABI hails EC's 'pragmatic' approach to liquidity premium

Laurie Carver
16 Apr 2010

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The Association of British Insurers (ABI) hails the inclusion of a liquidity premium and grandfathering measures for annuities in the fifth quantitative impact study (QIS5) technical specifications as a "welcome move to a pragmatic approach to Solvency II" by the European Commission.

The liquidity premium will be added to all liabilities resulting from contracts more than one year long, effectively including all life insurance liabilities, with the premium doubling for annuities. The

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]