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

Coping with extreme climate and geopolitical uncertainty
Thriving in the face of hyper-volatility means building financial resilience using a combination of quantitative analytics and qualitative ‘storytelli
Longevity Perspectives
Industry experts Huey Fang Chen, Head of L&H Structured Solutions Asia, and Kerry McMullan, Global Head of L&H Structured Solutions, explore global tr
Advancing Data Driven Decision Making in 2026
As the general insurance landscape continues to evolve in response to shifting and growing risks, one constant remains: the need for sharper insights

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.