EIOPA finalises Solvency II Review guidelines and technical standards
EIOPA published eight sets of guidelines and draft technical standards completing its Solvency II Review mandate ahead of the revised framework's early-2027 application.
EIOPA has delivered the full package of legal instruments under the Solvency II Review, including new liquidity risk management guidelines and revisions to existing standards. Insurers must prepare governance, capital, and reporting frameworks for the revised regime taking effect early next year.
Completes the EU prudential recalibration for insurers, affecting capital, liquidity, reporting and governance obligations across the single market.
Action Required
Insurers should map new liquidity risk management guidelines and revised risk margin/technical standards against current Solvency II processes and plan implementation.
Marks the end of a multi-year prudential reform cycle with binding downstream compliance and capital implications for all EU insurers.
Assess gap between current Solvency II controls and revised EIOPA guidelines, particularly liquidity risk management. Update ORSA, capital models, and reporting workflows. Escalate implementation plan to risk committee ahead of 2027 go-live.
“EIOPA published today eight sets of guidelines and draft technical standards relating to the Solvency II review, delivering all mandated legal instruments including new guidelines on liquidity risk management and revisions to existing standards on risk calculation.”