Eiopa official says no major cut in risk margin on the cards

Policy head expects no big changes in capital from 2018 Solvency II review

Eiopa’s head of policy says changes to Solvency II’s risk margin are unlikely to lead to big capital savings

European Union insurers should not expect a big cut in the risk margin capital buffer from a review of Solvency II that is due to be completed by 2018.

Speaking at the Insurance Risk Europe conference in London on October 6, Manuela Zweimueller, head of policy at the European Insurance and Occupational Pensions Authority, sketched out changes to the risk margin calculation that Eiopa will propose in a November consultation as part of the review.

But, referring to the 2018 review, she cautioned