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
ITS on methodology for scenarios for prudent deterministic valuation
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