August 2013Dear Reader, The summer is drawing to an end and the Omnibus II trilogues beckon. Here is an update on Solvency II Wire’s activities in the past few months.
Commission in and out
In July Solvency II Wire published an exclusive (and first) interview with Klaus Wiedner, the new Head of the Insurance and Pensions Unit at the European Commission. In addition, the outgoing head, Karel Van Hulle, reflected on Solvency II in a two part interview published in August. The two men offer plenty of insights on the past and future of the process, all of which is accompanied by poolside cafe, espresso and a little chocolate dessert-looking thing with a tiny spoon. The two men offer plenty of insights on the past and future of the process, all of which are accompanied by a poolside café, espresso and a little chocolate dessert-looking thing with a tiny spoon.Nordic LTG Symposium
Long-Term Guarantees continue to dominate the trilogues. Following last year’s extremely successful LTG Symposium and Look-Through Symposium this year’s Nordic LTG Symposium, published in June, brings a fresh perspective, and some interesting historical anecdotes, on the development of risk-based regulation in Denmark, Finland and Sweden.XBRL
In June we also published an article on the progress of XBRL including perspectives from the USA and the successful – and virtually unknown – implementation of XBRL reporting by the FDIC.EIOPA Long-Term Guarantees Assessment
Over the summer EIOPA published its long-awaited assessment on Long-Term Guarantees measures. In Technically solid, politically limited (the title says it all) we review the implications for the trilogue negotiations.
