Consultation on supervisory statement on the authorisation and ongoing supervision of (re-)insurance undertakings related to private equity

Interested stakeholders.

EIOPA’s supervisory statement open for consultation is seeking to address the risks and ensure high-quality and convergent supervision of (re-)insurance undertakings related to private equity firms, considering their specific nature and risks. 

It sets out supervisory expectations for acquisitions of qualifying holdings, portfolio transfers and mergers, as well as for ongoing supervision. The supervisory statement is meant to be applied by European supervisory authorities in line with the principles of risk-based and proportionate supervision.