Solvency II: CEIOPS publishes Task Force Report on the Liquidity Premium
CEIOPS has submitted to the European Commission the Task Force Report on the Liquidity Premium containing technical considerations regarding the application of a liquidity premium for the valuation of insurance liabilities, principles for extrapolation and considerations on the choice of the reference risk-free rate.
A cover letter from CEIOPS accompanies the submission of the report of the Task Force to the Commission, highlighting additional observations on behalf of CEIOPS. Further information is available in the adjoining press release.