Unit-link products will need separate risk indicators, ESAs

Pure unit-linked insurance products such as those which 'do not have a profit participation mechanism' and 'do not depend on other factors that are unobserved in the market', would fall into categories 1, 2 or 3 depending on the nature of the product´s payoff and the availability of data, according to the European Supervisory Authorities (ESAs). The European regulators have published the first set of Questions and Answers (Q&A) related to the key information document (Kid) requirements for