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
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.
- 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
- 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
- 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
- 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
Consultations on it
The Commission's Have Your Say consultations linked to this file. Where we publish the positions filed, the title opens them here.
| Consultation | Feedback deadline | Feedback received |
|---|---|---|
| 12 Jan 2022 | 119 |
Summary
GeneratedThe 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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