‘What is the AAE’s official position on Solvency II review?’
EIOPA Opinion on Solvency II review – Concerns of AAE
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By Jennifer Baker
This article is a summary of the official AAE Position Paper. |
In February 2021, the Actuarial Association of Europe (AAE) set out its main positions regarding the Solvency II 2020 review.
While acknowledging that Solvency II is intrinsically a well-functioning, risk-based framework, the AAE believes that the experience of the past five years of application, along with the low interest environment, reveal a need to change parts of the current framework.
This article was published in The European Actuary No. 25 – March 2021
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