EU’s Solvency II proportionality rules endorsed by Eiopa
( January 31, 2025, 09:24 GMT | Official Statement) -- MLex Summary: The European Insurance and Occupational Pensions Authority has endorsed the methodology for the classification of insurance undertakings as "small and non-complex," in its technical advice on the implementation of the new proportionality framework under Solvency II. Eiopa is proposing similar proportionality measures to other insurers that don't classify as "small and non-complex" but whose risk profile justifies some of those measures.Press release follows. Technical advice attached....
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