Articles - EIOPA on SII equivalence for Bermuda, Japan & Switzerland


 The European Insurance and Occupational Pensions Authority (EIOPA) invites market participants and (re)insurance stakeholders to provide their feedback on its draft Advice to the European Commission (EC) regarding the full equivalence assessments of Bermuda, Japan and Switzerland.
 
 EIOPA’s Advice is expected to allow the EC to take informed decisions in 2015 on whether solvency and prudential regimes in Bermuda, Japan and Switzerland are equivalent to the Solvency II framework.
 
 The Solvency II equivalence criteria are based on the overarching principles of Solvency II and include requirements relating to the system of governance, professional secrecy and the exchange of information, effective risk management, solvency, and powers and responsibilities of supervisory authorities.
 
 The consultation will end on 23 January 2015. Please note that comments submitted after the deadline or not submitted on the provided template cannot be processed.
 
 The consultation papers and the templates for comments can be viewed here
  

Back to Index


Similar News to this Story

Supply chain risk: Can farmers overcome insurance challenges
Julian Roberts looks at how farmers can address protection gaps and traditional insurance challenges when recovering from natural perils using alterna
Five key actions for Trustees in 2026
Are you ready to hit the ground running? We’ve set out five key actions for trustees, along with the topics we expect to dominate agendas over the com
The outlook for the BPA market in 2026
Market expected to exceed £50 billion in 2026. Sophistication of market creates further de-risking choices for trustees as they navigate landscape sha

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.