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Letter from EIOPA to ECOFIN: Implications of insurers‘ failures to the protection of European policyholders - August 2021

mardi 24 août 2021 EIOPA Visiter le site source Télécharger au format PDF

Dear Mr Leão,

In its Opinion on the 2020 Review of Solvency II, EIOPA proposes to introduce a European network of national Insurance Guarantee Schemes (IGS) or alternative mechanisms that should meet a minimum set of harmonised features for the benefit of policyholders – thereby ensuring compensation payments and/or continuation of insurance policies – and financial stability as a whole.
At present, Member States choose their own approach towards policyholder protection schemes, which can diverge quite substantially.

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