Solvency II Deadlines for 2020

Solvency II
Actuarial, EU / European Parliament / EIOPA, Life insurance, Mutuals, Non-Life

23 June 2020

Under EIOPA's latest Solvency II Taxonomy Roadmap, the (solo) deadlines for the remaining 2020 reference dates are as follows: 

2020 Q2 4 August 2020  

2020 Q3 4 November 2020 

2020 Q4 4 February 2021 

2020 year end 7 April 2021 (but.... see below)

Under the Solvency II Review, EIOPA proposes to keep deadlines for quarterly reporting but extend the deadline of annual reporting by 2 weeks.  

David Gray, Consultant Actuary, comments: “With the submission deadline for the 31 December 2020 reference date shown as 1 day earlier than that published in the PRA’s reporting schedule, we sought confirmation from the UK regulator.  We have been advised to use a deadline of 8 April 2021.  The submission deadlines continue to be no later than 5 weeks after any quarter ending and 14 weeks after the December year-end.  We await final policy on submission deadlines (EIOPA will now deliver its advice at end December 2020, to take into account the Covid-19 situation on the Solvency II Review) and the extent of any PRA divergence.

David Gray

For more information
David Gray
Consultant Actuary

< Back to News & insight


28 August 2020

EIOPA Solvency II News

On 31 July 2020, EIOPA launched its "Solvency II Single Rulebook" to "[enable] the navigation across different legal acts such as the Directive, Delegated and Implementing Regulation, as well as EI...

25 June 2020

RSR submissions for year-end 2020 onwards

In keeping with managing the burden on firms' resources, the PRA considers that the existing Regulatory Supervisory Report (RSR) cycle will continue. Effectively, in terms of future submissions, wh...