Header

Guy Carpenter’s Luca Tres Comments on and Endorses EIOPA's Policy Paper on Mass Lapse Reinsurance

Hero image

In this article from Insurance ERM, Guy Carpenter’s Luca Tres, Head of EMEA Strategic Risk and Capital Life Solutions, endorses the approach laid out by the European Insurance and Occupational Pensions Authority (EIOPA) in its recent consultation paper on the mass lapse reinsurance market.

“Mass lapse reinsurance transactions have been a topic of keen debate since interest rates soared at the start of 2022,” Luca explained. “There are several reasons for this, but in particular the lack of a level playing field across European countries due to varying interpretations and implementations of the Solvency II framework across different jurisdictions.”

“EIOPA has acknowledged these challenges several times and has called for greater convergence in regulatory practices to ensure a more consistent application of Solvency II,” Luca continued.

 

Eiopa's paper is a significant step forward for mass lapse reinsurance across Europe

Get the Latest News and Insights from Guy Carpenter

Footer