Calls for Eiopa to clarify non-life cat SCR technical specifications

calculation

The European Insurance and Occupational Pensions Authority (Eiopa) is facing calls to amend the technical specifications for calculating the non-life catastrophe risk solvency capital requirements (SCR), following concerns the new specifications are unclear.

The updated technical specifications, published last month by Eiopa, have been criticised by actuaries for not defining clearly how insurers should determine the relevant premium volume for calculating the cat risk SCR when using the so

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