Concerns over restrictions in matching adjustment assessment
Long-term guarantees impact assessment begins, but 'disappointment' over narrow eligible assets for matching adjustment
The versions of the matching adjustment being tested in the long-term guarantees impact assessment are too restrictive and could limit the use of the mechanism by insurers, experts warn.
The European Insurance and Occupational Pensions Authority (Eiopa) launched the assessment on Monday to evaluate the package of measures for dealing with products with long-term guarantees. These measures include the counter-cyclical premium, extrapolation of the risk-free term structure and the matching
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