Japanese, Swiss and Bermudian regimes largely equivalent to Solvency II, says Eiopa
The supervisory systems operating in Switzerland, Bermuda and Japan are largely equivalent to Solvency II, but not for all classes, according to the European Insurance and Occupational Pensions Authority.
Eiopa was commissioned to assess the equivalency of supervisory regimes in the three countries with the Solvency II regime last year by the European Commission.
Under Solvency II, equivalence for third
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