Insurers' asset and liability management in relation to the illiquidity of their liabilities

The report supplements information provided in EIOPA's annual reports on long-term guarantee measures and is published in response to a request from the European Commission in the context of the 2020 Review of Solvency II. 

The report provides information on:

  • insurance liabilities;
  • the asset management of insurers;
  • long-term guarantee measures, including matching adjustment, volatility adjustment, actual yield and dynamic volatility adjustment; and
  • the market valuation of insurance liabilities.