Wednesday, 8 June 2011

Groupe Consultatif Solvency II workgroup - meeting with Karel van Hulle

I suspect the GCAE's Solvency II workgroup is more prolific than their minutes suggest, however I noticed a couple of areas of note in their progress report for June;
  • They met with Karel van Hulle, who noted his intention to "publish hopefully" (!) final Level 2 text in October, and that binding technical standards work is underway with EIOPA
  • They discussed transitionals only insofar as "agreement on the need for these"
  • They separately note that they are working with EIOPA on future premiums, but are "reserving their position on any conclusions"...

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