General Insurance Article - EIOPA reports on progress for internal models under SII


The European Insurance and Occupational Pensions Authority (EIOPA) published today the Progress Report on the Follow-up to the Peer Reviews on Pre-application for Internal Models.

  The report aims to analyse enhancement of supervisory practices related to the assessment of internal models during the pre-application process under the Solvency II framework.
 According to the report, the vast majority of EIOPA’s recommendations have already been followed-up and those remaining are planned to be implemented by mid-2015 the latest. EIOPA’s Centre of Expertise has also taken actions on all the recommendations addressed to it.

 Click here to access the Progress Report.

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