CEIOPS calls for evidence on Solvency II equivalence assessment
01 December 2010
CEIOPS issued a call for evidence to assess the equivalence of the Bermudian, Japanese and Swiss supervisory systems with Solvency II.
Following the Commission’s Call for Advice of November 2010, CEIOPS has been invited to assess the equivalence of the Swiss and Bermudian supervisory systems under Article 172 of the Solvency II Directive dealing with reinsurance supervision; Article 227, dealing with the inclusion of related third country insurance and reinsurance undertakings in group solvency calculation and Article 260, dealing with the equivalence of third country group supervision. CEIOPS has also been invited to assess the equivalence of the Japanese reinsurance supervisory system under Article
172. CEIOPS is now issuing a Call for Evidence relevant to these equivalence assessments.
Deadline for comments is 31 December 2010.
© CEIOPS
