EU insurers to file stability reports
Thursday 22 December 2011 - by Andrew.Hickley@gfsnews.com
On Wednesday, Eiopa released what it terms "quantitative reporting templates for financial stability purposes" as part of the EU's Solvency II directive.
The consultation states: "Solo insurance undertakings and groups beyond the €6bn balance sheet total threshold shall submit the same information, on the highest possible level of consolidation, for financial stability purposes."
Eiopa is inviting feedback on the draft requirements by 20 February 2012.
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