Insurance EuropeInsurance Europe
Position Paper
Response to consultation on guidelines on preparing for Solvency II

Insurance Europe remains supportive of interim measures that aim to encourage undertakings to prepare for Solvency II.
In particular, it recognises the benefits of undertakings embedding the Solvency II principles of risk management into their governance structure and to gain practical experience with the upcoming forward looking risk assessment. Insurance Europe also supports the issuing of the interim guidelines on pre-application of internal models aiming at assuring consistency in approach and timing across national competent authorities and readiness from undertakings.

Published 19 June 2013
Olav Jones
Olav Jones
Deputy director general/Director, economics & finance