Insurance EuropeInsurance Europe
Position Paper
EIOPA consultations on Solvency II equivalence of Switzerland, Bermuda and Japan

Insurance Europe welcomes EIOPA’s assessment regarding the equivalence of Switzerland (under Articles 172, 227 and 260), Bermuda (under Articles 172, 227 and 260) and Japan (under Article 172). These three jurisdictions are important market partners for European insurers and their insurers provide capacity and diversification, which our markets need. Insurance Europe believes that EIOPA’s work is an important signal in upcoming full equivalence determinations that need to be made by the Commissions in the coming weeks and then scrutinized by the European Parliament and Council before they take legal effect.

Published 23 January 2015
Olav Jones
Olav Jones
Deputy director general/Director, economics & finance