Predictions

What insurers need to know

Solvency II: preparing for EIOPA's interim guidelines

Focusing specifically on challenging areas for our clients, this paper offers a detailed Deloitte point of view on the interim European Insurance and Occupational Pensions Authority (EIOPA) Guidelines.

The European Insurance and Occupational Pensions Authority (EIOPA) has published the final Guidelines for the preparation of Solvency II (Guidelines) and the European trilogue agreement, paving the way for Solvency II to go live on 1 January 2016.

This Deloitte paper outlines what our insurance clients need to know and do, to deliver the key outcomes from 1 January 2014 until 31 December 2015.

It includes an executive summary with the remainder of the paper divided into four key detail sections, helpfully using the same structure as the Guidelines, as follows:

  • Section I: System of governance
  • Section II: Forward looking assessment of Own Risks
  • Section III: Submission of information to NCAs
  • Section IV: Pre-application for internal models
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