EIOPA requests Insurance Undertakings to provide information in the context of its 4th Long-Term Guarantees Report and the 2020 Solvency II Review
Today, the European Insurance and Occupational Pensions Authority (EIOPA) announced the request addressed to insurance undertakings of the European Economic Area (EEA) and subject to Solvency II to provide the following information:
- Information on the Long-Term Guarantees (LTG) measures
- Information on the dynamic volatility adjustment
- Information on long-term illiquid liabilities
The provision of the information is required for the preparation of EIOPA’s 4th Annual LTG Report as well as of the Opinion on the LTG measures and of the 2020 Solvency II review.
National supervisory authorities (NSAs) will contact a representative sample of undertakings regarding the provision of information for each information request.
Detailed information including the timeline can be obtained here.