Solvency II EIOPA workshop on new technical standards – 27 November 2024

On 27 November, the secretariat of Insurance Europe attended an EIOPA workshop with stakeholders on new technical standards for Solvency II.

EIOPA or NSA representatives presented on each of the 7 ongoing consultations, while Insurance Europe presented preliminary industry feedback on all consultations except for LRMP, which was covered by the CFO/CROF. The consultations discussed were:

Preliminary industry view on new technical standards for Solvency II

RTS on exceptional sector-wide shocks

RTS on applicability criteria for macroprudential analysis in ORSA & PPP

RTS on liquidity risk management plans

LRMP presentation CROF CFOF

ITS on methodology for scenarios for prudent deterministic valuation

RTS on undertakings under dominant or significant influence and undertakings managed on a unified basis

RTS on relevant insurance and reinsurance undertakings in respect to host Member State’s market

Technical advice on standard formula capital requirements for crypto-assets