Ireland

Details

  • Service: Advisory, Risk Consulting, Actuarial
  • Industry: Financial Services, Insurance
  • Type: Business and industry issue, KPMG information, Survey report
  • Date: 21/02/2013

Solvency II Long-term Guarantee Assessment 

Following agreement by the European Parliament, the Council and the Commission, EIOPA has now launched the Long-term Guarantee Assessment (LGTA) study. This study will test the application of Solvency II products with attaching long-term guarantees. We have developed a summary of the LGTA to help you complete the assessment, and what the scenarios being tested are trying to achieve. While predominantly a life assurance issue, this also affects general Insurance products that have similar features, and the summary considers the application to both sectors.
Solvency II Long-term Guarantee Assessment
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Solvency II Long-term Guarantee Assessment (PDF, 1.1MB)

February 2013

 

See also:

 

This more technical document examines each of the scenarios in more detail:

 

Solvency II Long-term Guarantee Assessment (PDF, 513kb)

February 2013

 

Solvency II: Progress in an Uncertain World (PDF, 4.3MB) 

October 2012

 

Insurance Contacts

Hugh Crehan

Hugh Crehan

Partner

hubert.crehan@kpmg.ie

+353 1 410 2629

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