On 6 October, the secretariat of Insurance Europe attended EIOPA Best Estimate conference call event. The aim of the event was to provide insights on the two sets of revised Guidelines on Technical Provisions and Contract Boundaries published by EIOPA for consultation (here) and to collect participant’s initial feedback.
EIOPA displayed a presentation covering:
- An overview of the main proposed changes in the sets of Guidelines and the rationale behind
- Further background on the quantitative information request
- Next steps
The main objective of the revised Guidelines is to provide more clarity following some divergent practices that were identified across European countries following in the context of the SII 2020 review.
High level summary of Q&A – EIOPA Best Estimate conference call event.pdf