Consultations and surveys

EIOPA organises written consultations in order to receive comments from all interested parties, including market participants, consumers and other end-users.

EIOPA invites interested parties to send any comments by email, within the indicated deadline, using the provided paper specific, customised template and quoting the reference of the consultation paper.

EIOPA will make all comments available on its website, except where respondents specifically request that their comments remain confidential.

EIOPA's rules on who, when and how it consults and how it responds are laid down in EIOPA's Statement of Consultation Practices.

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Risk assessment | IORP

Consultation on draft Opinion on the supervision of long-term risk assessment by IORPs providing DC schemes

EIOPA welcomes comments on the draft Opinion on the supervision of long-term risk assessment by IORPs providing DC schemes. The Opinion aims at enhancing supervisory convergence in the supervision of risk management by IORPs providing DC schemes. The Opinion is provided to the competent authorities...
IORP

Consultation on draft Opinion on the supervisory reporting of costs and charges of IORPs

EIOPA welcomes comments on the draft Opinion on the supervisory reporting of costs and charges of Institutions for Occupational Retirement Provision (IORPs). The Opinion aims at enhancing supervisory convergence in the supervision of IORPs. The Opinion is provided to the competent authorities as...
Consumer protection

Consultation on framework to address value for money risk in the European unit-linked market

This consultation is a response to EIOPA’s repeatedly highlighted concerns that, while unit-linked products can and often do offer important benefits for policyholders, costs for some unit-linked products continue to remain too high. Existing concerns have been heightened by the COVID-19 crisis...
Supervision

Consultation on the proposal for revised Guidelines on the use of Legal Entity Identifier (LEI)

This Consultation Paper presents the draft revised Guidelines and background explanatory text. For ease of reference the existing LEI Guidelines are also included in Annex III. The analysis of the expected impact from the proposed policy is covered under Annex I (Impact Assessment). EIOPA will...
PEPP

Survey on potential offering of the Pan-European Personal Pension Product (PEPP)

The aim of this survey is to understand the potential take-up by eligible PEPP providers, for example asset managers, insurance undertakings, banks and institutions for occupational retirement provision. The information gathered shall bring important insights to the European supervisory community...
Reporting | Sustainability | Disclosure

Joint consultation on taxonomy-related sustainability disclosures

The joint consultation launched by the three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) is seeking input on draft Regulatory Technical Standards (RTS) regarding disclosures of financial products investing in economic activities that contribute to an environmental investment...
Internal models

Non-Life Underwriting Risk Comparative Study in Internal Models

On 1 March 2021, EIOPA launched a European wide comparative study on non-life underwriting risk in internal models. Objectives and Priorities: Fair view: The Non-Life Underwriting Risk Comparative Study 2020 (NLCS 2020) aims for a fair evaluation of non-life underwriting risk within internal models...
Solvency II

Draft implementing technical standards amending Implementing Regulation (EU) 2016/1800 on the allocation of credit assessments of external credit assessment institutions to an objective scale of credit quality steps

Public consultation to amend the Implementing Regulations on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs) for credit risk to reflect the outcomes of a monitoring exercise on the adequacy of existing mappings. The Implementing Regulations are part of the EU...
InsurTech

Open insurance: accessing and sharing insurance-related data

Public consultation on open insurance, focused on access to and sharing of insurance-related data. In the Discussion Paper, EIOPA explores questions on whether and how far insurance value chains should be ‘opened’ up by the sharing of insurance-related and specific policyholder data amongst...
ORSA | COVID-19

Consultation on the Supervisory Statement on ORSA in the context of COVID-19

The statement promotes convergence by guiding undertakings through common supervisory expectations on the ORSA in the current situation triggered by the pandemic, taking into account that the impact on each individual undertaking can differ depending on its specific risk profile. A proper balance...
Sustainability | Impact underwriting

Discussion paper on non-life underwriting and pricing in light of climate change

The discussion paper highlights challenges associated with current non-life underwriting practices and options to ensure the availability and affordability of insurance products, in the context of climate change. The discussion paper builds on work stemming from the Opinion on sustainability within...
Solvency II | Solvency requirements | Sustainability

Discussion Paper: Methodology on potential inclusion of climate change in the nat cat standard formula

This Discussion Paper is a follow-up to EIOPA’s Opinion on Sustainability within Solvency II (EIOPA, 2019). The opinion highlighted that further work is needed to investigate whether additional climate change-related perils such as droughts and wildfire could be better captured in the Solvency II...