Solvency II interim reporting requirements were 'too ambitious' - Eiopa

Insurers hail downscaling of regulator’s initial plans, but concerns about consistent application remain

Eiopa flags

Original proposals for Solvency II interim measures were overly "ambitious", according to the leader of the project to develop the guidelines at the European Insurance and Occupational Pensions Authority (Eiopa).

Speaking at the Insurance Risk Europe conference, in London, Jarl Kure also expressed concerns about Eiopa's ability to ensure a consistent application of the interim guidelines, saying the regulator's tools were "not very strong".

In its final version of the interim guidelines

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