Details
- Publication date
- 12 July 2021
Description
The Opinion addresses the use of risk mitigation techniques and includes a set of recommendations addressed to national competent authorities (NCAs) to ensure convergent supervision.
This Opinion raises awareness about the importance to have a proper balance between the risk effectively transferred and the capital relief in the Solvency Capital Requirement.
The Opinion on the use of risk mitigation techniques by insurance undertakings is accompanied by an impact assessment and the feedback statement addressing the comments received during the public consultation.