EIOPA has rejected a draft with targeted technical amendments to the PRIIPs key information document (PRIIPs KID). GDV welcomes this decision. The German insurers had pointed out early that piecemeal changes would not be sufficient.
Fact: it is hard to say how the coronavirus crisis will impact insurers’ solvency ratios over the long term. Nonetheless, I am confident because our sector is proving agile and adaptable in the face of the crisis.