The European Insurance and Occupational Pensions Authority (EIOPA) published today a Call for Evidence regarding the treatment of infrastructure corporates under Solvency II.
EIOPA invites market participants and (re)insurance stakeholders to provide information and data on the nature of infrastructure corporates and their risk profile. The paper describes the evidence that EIOPA is aware of and sets out the specific areas where EIOPA would be interested to know if additional evidence or data is available.
The deadline for responding to the Call for Evidence is 10 December 2015.
The Call for Evidence and the template for comments can be viewed here: https://goo.gl/UnWMPK
Based on the feedback received, EIOPA will prepare the draft technical advice to the European Commission (EC).
Background
This Call for Evidence follows the Call for Advice from the EC, where EIOPA was asked to “further consider the evidence regarding the treatment of infrastructure corporates”.
The EC based its request on EIOPA’s Advice on infrastructure investments, which was submitted on 29 September 2015. In that Advice EIOPA proposed a more granular treatment of debt and equity investments in qualifying infrastructure projects: https://goo.gl/Ot5CGK