On 30 January, EIOPA published its Final Opinion on the 2023/2024 re-assessment of the NatCat Standard Formula (here) and its final Technical Advice on standard formula capital requirements for insurers’ direct exposures to qualifying central counterparties (here).
In both cases, EIOPA did not make changes to its initial views.
- Opinion on NatCat Standard Formula: there were no changes compared to EIOPA’s draft advice.
- Technical advice on CCP: EIOPA advises alignment with the treatment under CRR (option 3).