Insurers face tight deadline for matching adjustment
New technical standards shrink timeframe for submitting application by six months
Insurers must accelerate their Solvency II asset allocation programmes if they hope to qualify for the matching adjustment, following the publication of new information by the European Insurance and Occupational Pensions Authority (Eiopa).
On April 1, the authority released the first set of Solvency II implementing technical standards (ITS) for public consultation. These are legislative provisions defined by Eiopa and endorsed by the European Commission that explain the conditions of application
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