The PRA QIS Exercise: What does it cover and what will it mean for firms?
While the PRA stresses QIS should not be viewed as policy proposals, firms should consider the impact the exercise could have on their balance sheets.
In December 2020, EIOPA published its opinion on the Solvency II 2020 review. This briefing note summarises EIOPA’s proposals.
This follows several consultation papers produced by EIOPA in 2019 and impact assessments carried out during 2020. On 25 June 2019 EIOPA published a first wave of consultation papers on its proposals for the 2020 Review regarding supervisory reporting and public disclosure and insurance guarantee schemes. Milliman has written briefing notes on each of these papers as follows:
On 15 October 2019 EIOPA issued a second wave of consultation covering a wide range of areas. A briefing note giving a high level summary of this second wave of consultation is available here.
More detailed briefing notes on each of the following areas are available as follows:
Full list of Milliman authors:
Francois de Wouters
Solvency II 2020 review
On 15 October 2019 EIOPA issued a second wave of consultation covering a wide range of areas.