BETTER FINANCE response to the EIOPA questionnaire on public disclosure on LTG measures and measures on equity risk

BETTER FINANCE would like to draw attention to a recent study of one of our member organisation, i.e. Bund der Versicherten (BdV), carried out in cooperation with Zielke Research on the current situation of German life insurers (please see the relevant links below). The study is based on the so-called Solvency and Financial Conditions Reports (SFCR), which had to be published by the insurers on EU-level in 2017 for the first time. Unfortunately, the results are poor. Therefore, BETTER FINANCE fully shares BdV's serious concerns, especially regarding the low quality and non-sufficient transparency of some of these reports.

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