BETTER FINANCE Responds to the Commission's Call on Draft Amendments to Solvency II Delegated Rules

BETTER FINANCE Provides Feedback on ​​Draft Amendments to Solvency II Delegated Rules on the Calculation of Insurers’ Capital Requirements​

BETTER FINANCE welcomes the European Commission's efforts to review the prudential framework for insurance undertakings in a way that enables more investments into productive assets.

BETTER FINANCE generally believes that the objectives of a stable financial system and abundant funding for the EU's economy are compatible, and reaching them both is in the best interest of holders of insurance-based investment products.

While we support efforts towards better calibrations of capital requirements, we nevertheless caution against "cost-cutting" simplifications in reporting requirements that may prevent proper supervision of insurers' investments.

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