by Siegbert Baldauf
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Siegbert Baldauf is an independent actuary and Chair of Solvency II Working Group for AAE |
The approval of the Solvency II directive marks a crucial step towards a new supervisory framework. It contains numerous empowerments for the EU Commission to lay down fundamental specifications in delegated regulations and technical standards. In September 2021, the Commission had announced1 consideration of EIOPA’s advice and legislators have added some additional requirements to provide further guidance in this regard. This has allowed a preliminary assessment of the potential outcome.
Disclaimer:
This article represents the opinion of the author, and not necessarily the opinion of the AAE.
This article was published in The European Actuary No. 38 – June 2024
