The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has published a Consultation Paper entitled Consultation Paper 23 - Draft interim report on proxies. The Consultation Paper gives a comparative description of proxy methods for the valuation of technical provisions in Solvency II. These methods are being developed by the national proxy expert groups and, based on their suggestions, the Coordination Group on Proxies has proposed 'harmonised' valuation techniques to be tested under the forthcoming quantitative impact study QIS4.

Comments are invited by 15 February 2008.

View Consultation Paper 23 - Draft interim report on proxies, (PDF 507KB), 21 December 2007