On 18 July 2013, Insurance Europe published its response to EIOPA's recent report on its long-term guarantees (LTG) assessment for the purposes of Solvency II. This welcomes EIOPA's confirmation for the need for a further package of measures for LTGs. However, it also states that EIOPA has not fully addressed the issues relating to LTGs and describes the changes that Insurance Europe believes are required in order to make the LTG proposals workable.