16 Jan 2020

The Solvency II Directive is required to be reviewed by 1 January 2021.

The European Commission has asked EIOPA for technical advice on this review by 30 June 2020. In light of this, in October 2019 EIOPA published a consultation on their opinion on the 2020 review of Solvency II.

AREF responded to EIOPA’s analysis on the calibration of property risk (Section 5.3.)

Thank you to John Forbes and Melville Rodrigues for drafting this response.


Jacqui Bungay

Jacqui Bungay

AREF Secretariat, AREF

Jacqui provides policy guidance and secretariat services to the AREF Board and AREF Management Committee as well as the following AREF Committees: Corporate Governance, ESG & Impact Investing, Investor, Public Affairs, Research and Information and Retails Funds. In addition, Jacqui monitors members’ compliance with AREF’s Code of Practice. 

Jacqui joined AREF in 2014 after working for over 25 years in fund compliance, client relationships and administration at Natwest Trustee & Depositary Services.