General Insurance Article - EIOPA publishes updated Solvency II Technical Specifications


 The updated Technical Specifications(TS) is a working document that EIOPA recommends to insurance and reinsurance undertakings to use in any quantitative assessments.

 EIOPA have decided to publish the updated TS in order to help participants in the upcoming Long Term Guarantee Assessment (LTGA) to better prepare for the exercise, whenever it is agreed between the trialogue parties.

 However, the first part of the updated TS contains only general specifications that don’t depend on the Long Term Guarantee (LTG) package. The LTG-related technical specifications are still under political discussions and will be published by EIOPA in due course as a second part.

 The undertakings have been asked to submit their questions to their supervisory authorities. Questions and answers of general interest will be made publicly available on the EIOPA website.
  

Back to Index


Similar News to this Story

This is why your home insurance premiums have risen
The average cost for a combined home insurance policy was £393 in January to March 2025, according to the latest figures from the Association of Briti
ABI welcomes the 10 Year Infrastructure Strategy
The government has published its 10-year Infrastructure Strategy, which includes a commitment to more funding and a long-term framework to support flo
6 in 10 at Glastonbury have possessions lost or stolen
61% of festivalgoers have lost their belongings or had them stolen while at a festival – the average value of lost or stolen items is £368. Wallets/mo

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.