European Commission consults on Solvency 2 review

The European Commission is seeking views on its review of Solvency 2. Responses are by way of a questionnaire which is designed to enable the Commission to get views on key elements of the regime, including insurers’ role in the long-term financing of the economy, policyholder protection and emerging risks and opportunities. The review will also take into account lessons learned from the Covid-19 outbreak and its adverse consequences on households, businesses and markets.

The Consultation is open until 21 October.