News
EIOPA published the results of the QIS5 quantitative survey
Mar 2011On 14th March 2011, EIOPA published a report containing the results of the QIS5 quantitative survey. The aim of the survey was to judge feasibility, effects and impact of particular methods of evaluation of assets and liabilities of insurance and reinsurance companies and also to establish the level of capital within the framework of Solvency II.
Comments on Assessment of Impact of Level 2 Implementing Acts
Feb 2011The CEA published comments on the Assessment of the Impact of the Level 2 Implementing Acts.
Omnibus II
Jan 2011The European Commission proposed legislation (the Omnibus II Directive) which explains tasks of new supervisory authorities, especially within the scope of insurance.
CEIOPS changed into EIOPA
Jan 2011In January 2011, The European Union created three new supervisory authorities (European supervisory authorities – ESAs) which are to replace the previous supervisory committees.
The stance of the CEA in the matter of the „Variation analysis”
Sep 2010The stance of the CEA upon the „Variation analysis” in the process of the unofficial consultations on the report sheets and in relation to the requirements proposed in the life insurance module was published.
The CEIOPS published the sheet of the quantitative study QIS5
Aug 2010The CEIOPS published the sheet of the quantitative study QIS5. The deadline for sending the sheets is 31st October 2010 for the individual companies and 15 November 2010 for groups.
CEIOPS: comments on the initial specification of the quantitative study QIS5
May 2010The CEIOPS published the comments on the initial specification of the quantitative study QIS5 and took a stance towards the inquiries of the European Commission.
The comments on the initial technical specification QIS5
May 2010The CEA published the final version of the comments proposed by CEIOPS on the technical specification of the QIS5 study.
The comments on the consultative documents of the CEIOPS
Apr 2010The CEA published the documents with the comments on the consultative documents of the CEIOPS in the following areas:
The publication of the executive acts of level II
8 Apr 2010The Committee of European Insurance and Occupational Pensions (CEIOPS) published, on 8th April, the last part of consultations for the Executive Acts of Level 2. The documents include the areas of establishing the capital requirement for the risk of health and wealth insurance and the calibration of the Minimal Capital Requirement. They will constitute a proposition to take into account in the QIS5 study.
The consultations were published together with a cover letter, feedback and press release.
The comments on the requirements of reporting
Mar 2010The CEA presented the comments on the initial document of EIOPC concerning the requirements of reporting the supervision, by the insurance and reinsurance companies, within the scope of the Solvency II Directive.
The date of restoring the level of personal funds
Mar 2010The CEA presented the comments on the initial document of EIOPC concerning the supervisory powers of arranging the date of restoring the level of personal funds in case of finding non-compliance with the capital requirement.
The limitations of insurance and reinsurance agreements
Mar 2010The CEA presented comments on the initial document of the European Insurance and Pension Committee (EIOPC) concerning the limitations of the insurance and reinsurance agreements.
The summary of the comments on the security surcharges
Mar 2010The CEA published the summary of the comments and arguments supporting the admittance of the effect of diversification in calculation of the security surcharge of the technical reserves at the level of a company.
The comment on the internal models
Mar 2010The CEA presented comments on the consultative document No. 80 concerning the acceptance procedure for the internal models.