EIOPA restates commitment to global Insurance Capital Standard


The European Insurance and Occupational Pensions Authority (EIOPA) will continue to work with its international peers from all continents in order to ensure that the final global Insurance Capital Standard is based on a market-adjusted valuation, that capital requirements are sufficiently robust and risk-sensitive, and that internal models are allowed to be used under sound and prudent criteria, EIOPA chairman Gabriel Bernardino has said.

EIOPA, Global Insurance Standard, Insurance, Reinsurance, IAIS, IAIGs, ICS, Gabriel Bernardino, Europe

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