On 4 July, EIOPA published its first set of advice to the European Commission on specific items in the Solvency II Delegated Regulation, the “summer package” for consultation with deadline 31 August.
The IE secretariat has made an initial analysis of the consultation paper to determine where previous advocacy has resulted in positive developments and where additional advocacy is needed. Overall, Insurance Europe believes that this draft advice includes a significant number of improvements, in line with the previous Insurance Europe advocacy. The full analysis can be found in the appendix.
EIOPA draft advice on Solvency II review – IE analysis and planning.pdf