CEIOPS  has published today a Consultation Paper on Level 3 guidance for Solvency II on the pre-application process for internal models. CEIOPS' first Level 3 guidance is built on the Final Level 2 Advice on the internal model approval process and represents clear evidence of CEIOPS’ commitment to ensure increased convergence across EEA supervisory practices within the new solvency framework. More

CEIOPS Members have agreed to set up a specialised Task Force led by CEIOPS Secretariat to deliver on the 5th Quantitative Impact Study (QIS5), the Final Quantitative Impact Study under Solvency II. Read more

The 3 Level 3 Committees, CESR, CEBS and CEIOPS, publish today a Call for Evidence on cross sectoral internal governance issues. The 3L3 Committees have conducted a stock take on and analysis of existing internal governance requirements applicable in the areas of banking, insurance and securities, and identified some areas for potential further harmonisation. The 3L3 Committees invite all interested parties to comment on the call for evidence by 9 April 2010.

CEIOPS publishes today its second bi-annual report on the financial conditions and financial stability of the insurance and occupational pension fund sector in the EU/EEA. The report covers developments in the (re)insurance and occupational pension fund markets for the periods 2007 and 2008. Furthermore, observations and an outlook for 2009 and beyond are also provided. Read more

CEIOPS has published its Consultation Paper no.78 - Draft Advice for Level 2 Implementing Measures on Solvency II Technical criteria for assessing 3rd country equivalence in relation to reinsurance (art. 172) and group supervision (art. 227 and 260). Until 05 February 2010, 12.00 CET, CEIOPS invites stakeholders to send comments using the template provided by CEIOPS.