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COM(2021)580

Review of measures on taking up and pursuit of the insurance and reinsurance business (Solvency II)

Stage
Commission proposal, reached 26 Aug 2020
Lead DG
DG FISMA
Last activity
13 Jan 2022
4 entries · record as of 14 Sept 2026

Where it stands

Latest: Feedback on adopted proposal closed: Review of measures on taking up and pursuit of the insurance and reinsurance business (Solvency II) , 20 responses, 13 Jan 2022.

  1. 26 Aug 2020
    • Inception impact assessment closed: Review of measures on taking up and pursuit of the insurance and reinsurance business (Solvency II) , 12 responses · Commission
  2. 21 Oct 2020
    • Public consultation closed: Review of measures on taking up and pursuit of the insurance and reinsurance business (Solvency II) , 73 responses · Commission
  3. 12 Jan 2022
    • Feedback on adopted proposal closed: Review of measures on taking up and pursuit of the insurance and reinsurance business (Solvency II) , 14 responses · Commission
  4. 13 Jan 2022
    • Feedback on adopted proposal closed: Review of measures on taking up and pursuit of the insurance and reinsurance business (Solvency II) , 20 responses · Commission
1 consultation

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Summary

Generated

The Commission proposal amends the Solvency II Directive to tailor capital requirements and reporting obligations for smaller, less complex insurers, including SMEs and mutual insurers. It aims to reduce regulatory burden while maintaining financial stability. The file is at the Commission proposal stage, pending review by the European Parliament and the Council.

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