Responding to today’s publication of the CEIOPS Task Force Report on the Liquidity Premium regarding the development of the Solvency II Directive, Peter Vipond, Director of Financial Regulation at the ABI, said:

“This report has the potential to be a positive contribution to the European Commission as it calibrates Solvency II in a more pragmatic way, undoing some of the of problems identified earlier with CEIOPS work; and will enable European insurers to give consumers better value for money  when they purchase products such as annuities.”

Notes

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