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

Group income protection a tool most employers miss out on
The UK government is keen to reduce the number of long-term sick people of working age. But organisations are overlooking a benefit which could avert
How to reduce costs and improve retirement outcomes
When the Tapered Annual Allowance (TAA) was introduced in 2016, it had the potential to impacted anyone with taxable income of £110k or more. Exceedin
Exploring the intellectual property insurance landscape
Intangible assets as a percentage of enterprise value have increased exponentially. While not physical in nature, inventions, brands, all works of cre

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.