General Insurance Article - EIOPA reports on progress for internal models under SII


The European Insurance and Occupational Pensions Authority (EIOPA) published today the Progress Report on the Follow-up to the Peer Reviews on Pre-application for Internal Models.

  The report aims to analyse enhancement of supervisory practices related to the assessment of internal models during the pre-application process under the Solvency II framework.
 According to the report, the vast majority of EIOPA’s recommendations have already been followed-up and those remaining are planned to be implemented by mid-2015 the latest. EIOPA’s Centre of Expertise has also taken actions on all the recommendations addressed to it.

 Click here to access the Progress Report.

Back to Index


Similar News to this Story

IPT receipts for 2024 to 2025 hits over GB7bn in January
According to this morning’s HMRC data, Insurance Premium Tax (“IPT”) receipts stood at £853 million in January 2025, bringing the 10-month total for t
Unlocking the potential of IFRS17 insights and opportunities
As mentioned in part one of this blog series, IFRS 17 has reshaped financial reporting for insurance contracts since its implementation on 1 January 2
Lack of expertise main barrier to AI adoption in insurance
A lack of expertise within insurance companies is the biggest challenge to implementing artificial intelligence (AI) technology. As AI has the potenti

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.