On The Propensity To Surrender A Variable Annuity Contract
Variable annuities are essentially unit-linked products with such guarantees. In contrast to other products, (EIOPA 2010). 2. The CFO, David Foy, stated: "Our previous assumptions reflected our expectation that surrenders would rise ... Content Retrieval
EIOPA’s Final Report On Public Consultations On Reporting ...
With EIOPA and/or other supervisory authorities Only for Variable Annuities ... Read Full Source
– EIOPA releases two informal consultations on reporting and Only for Variable Annuities Description ... Document Retrieval
Financial Stability Report 2011 - Groupe Consultatif ...
EIOPA‟s Financial Stability Committee (FSC) has updated its report on the Variable annuities (VAs) are unit-linked life insurance contracts with invest-ment guarantees which, in exchange for single or regular premiums, allow ... View Full Source
EUROPEAN COMMISSION
EIOPA report on Good Practices for Disclosure and Selling of Variable Annuities, EIOPA-CCPFI-11/019, 31 August 2011 variable annuities, in about 25% of cases consumers withdraw from the contracts before they mature (see the impact section for the estimated ... Read Full Source
Conference On Transatlantic Insurance Group Supervision
Gabriel Bernardino , Chairperson of EIOPA Thursday, September 8 Moderation: Carlos Montalvo Capita Capita Selecta 2: Variable Annuities 11:00 –12:30 Presentation and open discussion Fausto Parente , Head of ... Access Full Source
Issues In BrIef - Milliman, Inc. - United Kingdom - Home
EIOPA Task Force on Variable Annuities regarding the supervision and management of the variable annuity (VA) product offering. Milliman has been a strong advocate of establishing minimum risk management standards for this class ... Fetch Document
Solvency II And EIOPA: Solvency II And Difference Makers Or ...
– Certain product types, such as variable annuities • Examples of life risks which templates aim to captured are: – mortality, disability/morbidity, lapse 29 • EIOPA Opinion on use of External Models and Data • Use of Economic Scenario Generators ... Doc Retrieval
A Brief Introduction To EIOPA And My Role
EIOPA’s Insurance and Reinsurance Stakeholder Group variable annuities; ancillary products, tying and bundling ¾Analysis of Test Achats ruling is important, taking into account gender ruling and the potential implications ... Access Doc
Solvency II Newsletter - Deloitte | Audit, Consulting ...
Insurers selling variable annuities EIOPA published Report on reporting requirements to supervisory authorities – an analysis on differences in reporting requirements between Member States. The aim was to examine the potential factors that could ... Read Here
Mr Donncha Connolly January 2011 - Central Bank Of Ireland - Home
Reserving and Risk Governance for Variable Annuities” (“Requirements”) issued by the Central Bank of Ireland (“Central Bank”) in December 2010. current consultation on EIOPA Consultation Paper CP83) are implemented? ... Fetch Doc
Variable Annuities With Guarantees And Use Of Hedging
Variable annuities with guarantees have both protection and saving components. Policy-holders can (EIOPA) is considering specific regulation for VAs as well, and it has published a consultation paper on this subject. ... Fetch Content
Page Based On Title Slide Solvency II Breakfast Briefing
EIOPA consultation paper on supervisory reporting and public disclosure Presented by Aisling Barrett 1st December 2011 Title text for Title or F3A Variable Annuities - Description of guarantees by product TP - F3B Variable Annuities ... Return Doc
Deadline Comments Template On CEIOPS-CP 83 25.01.2011 Draft ...
Draft report on Variable Annuities Deadline 25.01.2011 17.30 CET Name of Company: CEA ECO-SLV-11-059 Disclosure of comments: EIOPA will make all comments available on its website, except where respondents specifically request ... View Doc
Insurance Quarterly Legal And Regulatory Update Q3 2012 FD
EIOPA Updates Page 3 Department of Justice publishes Draft General Scheme Page 5 of the Proposed Mediation Bill Finance Act 2012 Page 6 Pensions Update Page 6 Health the report provides that the sale of variable annuities should ... Document Retrieval
Response To EIOPA Report On Practices For Disclosure And ...
The Panel is pleased to support EIOPA’s work on variable annuities and in particular, the good disclosure and selling practices set out in this recent report. We would like to know more about how the report could be developed into perhaps an industry standard or code ... Get Doc
Solvency II Current Position - Milliman - Ireland - EXPERTISE ...
Capital requirements for variable annuity book (100) (80) (60) (40) (20)-20 40 60 01/12/2005 01/12/2006 01/12/2007 01/12/2008 $1 billion of Premium Issued §Level 3 Guidance being developed by CEIOPS / EIOPA To be adopted in early 2012 Timetable for ˝interim deliverables ˛? ... Fetch Here
The Geneva Association: Variable annuities With Guarantees ...
Variable annuities are addressed in solvency regulation. ity (EIOPA) is considering specific regulation for VAs as well, and it has published a consultation paper on this subject. In the US, insurance regulators introduced a new ... Get Content Here
EIOPA, Solvency II And The Loss Adjusting Profession
EIOPA monitors the correct application of the EU law in the different Member States, by using, if necessary, its powers of investigation in local markets. And finally, we focused on disclosure and selling practices of Variable Annuities. This ... Read More
Variable annuities are an important product that assists consumers in planning for a secure retirement, EIOPA will have much stronger standard setting powers which will be directly binding on all EU, including Irish-based, insurers and indeed on the ... Fetch Document
