Among the points which EIOPA will have to address are insurance companies’ investments in non-rated bonds, unlisted equity and strategic interests, and how these are treated in order to calculate the solvency 9  capital requirement.
The idea is to reduce capital absorption without sacrificing anything in terms of the prudence needed in assessing a company’s capital adequacy − in short, to rationalize rules rather than soften them. At IVASS we observe these possible developments at EU level with great interest, aware that Italy’s economic and financial structure badly needs to evolve.