Key papers

CEIOPS releases latest wave of consultation papers
CEIOPS (Committee of European Insurance and Occupational Pensions Supervisors) has published no less than 25 consultation papers relating to Level 2 implementing measures for Solvency II. The deadline for responses is 11 September 2009. More

FSA seeks to maintain momentum for Solvency II - May 2009
In the wake of the votes by the European Parliament and ECOFIN to approve the Solvency II Directive, the Financial Services Authority (FSA) in the UK has set some new targets for UK-based insurers in ‘Dear CEO’ type letters. More 

FSA feeds back on Solvency II paper - May 2009
The Financial Services Authority in the UK has published a feedback report – DP09/01 – in which it outlines the effects of changes in the economy and the Solvency II Directive since the publication of its discussion paper DP08/04 in September 2008 and reports on comments received from the insurance industry on the same report. The FSA has taken the opportunity to stress to insurers that implementation of the Directive is following the original timetable of October 2012 and that firms should have completed or be in the process of completing a gap analysis to identify shortfalls in compliance. More

CEIOPS pushes on with Solvency II implementation - May 2009
The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has produced a report ‘Lessons learned from the crisis (Solvency II and beyond)’ that examined some of the implications of the global economic downturn on how the Directive might be implemented. Our experts have analysed this report and summarised the key points. More 

QIS4 receives encouraging response - Nov 2008
CEIOPS has published its full report on the findings of QIS4. 1,412 companies, representing all 30 European Economic Area countries and including over 100 cross-border groups, took part in this round of Quantitative Impact Studies, up from 1,027 in QIS3. Participation of cross-border groups more than doubled to over 100 organisations. Read the full CEIOPS report.