The question is not when Solvency II will come into effect, but in what form


The long-awaited impact assessment on Omnibus II’s long-term guarantees package has finally been given the green light after months of political wrangling over the terms of reference.

Yet, it is naïve to think that the assessment, which will look at how the matching adjustment, the countercyclical premium and the extrapolation of the risk-free rate will perform in practice, will provide all the answers to the political divisions that have so far prevented agreement on Omnibus II and stalled 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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here