Solvency II interim measures 'misaligned' and 'overly prescriptive' say insurers

Eiopa urged to rein in draft measures in responses to consultation

Eiopa flags

European insurers have branded proposals for Solvency II interim measures as overly prescriptive and misaligned, warning they risked piling additional costs on the sector.

Responding to the European Insurance and Occupational Pension Authority's (Eiopa) consultation on the preparatory measures, insurance firms and industry bodies are urging the authority to rein in proposals that go beyond current Solvency II draft texts.

They also caution against introducing measures relating to aspects of the

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