CEIOPS out with more Solvency II advice

The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has provided further technical advice to the European Commission to assist in Pillar I aspects of the preparation of the Commission's proposal for a Solvency II framework Directive.

This follows the advice CEIOPS gave to the Commission during 2005 and 2006 on these issues, and it is anticipated that the Commission will now be in a position to finalise these aspects of its proposal.

The advice relates to adequacy

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