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In the shift to IFRS 17, many insurance companies have turned to the fair value approach for older blocks of business when other methods can’t readily be used.
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EIOPA Consultation Paper on proposals for Solvency II 2020 review: Harmonisation of National Insurance Guarantee Schemes across EU Member states
EIOPA published its first wave of consultation papers on the Solvency II 2020 review in June 2019. This briefing note summarises EIOPA’s proposals regarding Insurance Guarantee Schemes.