Commission welcomes EIOPA report on Long-Term Guarantee Assessment for insurance sector

Michel Barnier

The European Insurance and Occupational Pensions Authority (EIOPA) has published a report assessing a possible package of measures to facilitate the provision of insurance products with long-term guarantees under the new Solvency II insurance regulatory regime. The Commission considers that the findings of the report can provide a basis for a political agreement on Omnibus II.