In January 2025, an amending directive (Directive (EU) 2025/2, “Amending Directive”) was passed that will result in some important changes to the Solvency II Directive (Directive (EU) 2009/13/EU) taking effect across EU member states on January 30, 2027.
The Amending Directive contains far reaching changes on topics as varied as long-term equity investments, valuation of insurance liabilities, proportionality, and reporting, which reflects insurers’ valuable role in responding to the challenges of our times: green transition and Covid recovery.
However, the Amending Directive also contains significant changes to rules on group supervision, and, in that regard and others, reflects supervisory lessons learned since the implementation of Solvency II in 2016.
Please see full publication below for more information.
