The secretariat of Insurance Europe provides the following summary of EIOPA’s “Technical seminar on recovery and resolution in (re-) insurance”. The summary contains the main views of each participant regarding the topics presented or discussed. The seminar had three main sections:
- Introduction by EIOPA
- Various presentations on the following topics
- Similarities and differences between IRRD and BRRD,
- EC’s stylised case study, main procedural steps leading up to FOLF declaration,
- The Polish experience in setting up resolution authority,
- The French experience in the implementation of recovery resolution plans,
- The role of the Insurance Guarantee fund.
- Two panels to discuss proportionality and resolution funding arrangements.
Summary of EIOPA’s Technical Seminar on recovery and resolution in (re-) insurance.pdf