Commission urged to curb supervisors’ leeway on volatility adjustment

Delegated acts must set stringent conditions for calculating fundamental spread, insurers say

michel barnier

The European Commission is under pressure to limit supervisors' flexibility to define the factors used to calculate the volatility adjustment, amid concerns that the impact of the measure could be diluted.

European insurers are lobbying for the commission to set conditions on the reference portfolio and calculating an allowance for the risk inherent in the assets, two basic elements of the volatility adjustment formula that was agreed in the Omnibus II compromise text last November.


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