Response to EIOPA’s Consultation on Standard Formula Design and Calibration for Certain Long Term Investments

In March 2013 the European Insurance and Occupational Pension Authority presented the preliminary findings of its analyses into the regulatory capital requirements for insurers’ long-term investments in certain asset classes under the Solvency II regime. Infrastructure financing and other long-term financing through project bonds and other types of debt and equity were included for consideration. EIOPA sought responses to the findings in order to help produce well informed recommendations on the design and calibration of the standard formula in relation to the asset classes considered. This paper presents the answers of EDHECinfra to the questions of the discussion paper.