EU states undecided about equalisation provisions under Solvency II

The Committee of Europe Insurance and Occupational Pensions Supervisors (Ceiops) has questioned the future of equalisation provisions in the insurance industry. A survey of member states conducted in May last year found that equalisation provisions are widely used by insurers throughout Europe but the Solvency II framework directive will not require member states to set up equalisation provisions and some member states have decided not to continue.