EIOPA launched consultation on guidelines for the own risk and solvency assessment

07 November 2011

The guidelines cover general issues such as the principle of proportionality, as well as specific issues, e.g. the assessment of the overall solvency needs or the continuous compliance with the requirements on regulatory capital and technical provisions underlying the SCR calculation.

In order to facilitate the preparatory work of insurance and reinsurance undertakings for Solvency II, the European Insurance and Occupational Pensions Authority (EIOPA) launches a public consultation today on Guidelines for the Own Risk and Solvency Assessment (ORSA) for Solvency II.

Today, EIOPA invites market participants and insurance and reinsurance stakeholders to participate in this consultation. EIOPA welcomes comments from all interested parties.

Deadline for comments is 20 January 2012.

Full consultation paper

© EIOPA