CEIOPS recently presented the main findings from QIS4 to stakeholders, ahead of the final report being released on 19 November 2008.

The results of QIS4 are consistent with the general findings from QIS3 on the overall financial impact of the solvency principles across the EEA. The vast majority of the 1,400+ participants will meet the minimum solvency and capital requirements.

Following feedback from the previous QIS exercises, QIS4 collected information on, amongst other things, the assessment of the quantitative impact of capital requirements on insurance groups and the comparability of the standard formula and internal models for the calculation of solvency capital requirements.

The CEIOPS press release can be found by clicking here. QIS4 results have already been presented to the European Parliament's Economic and Monetary Affairs Committee, as reported here.