Opinions

EIOPA expresses opinions on different issues related to its areas of competence. Opinions are provided upon a request from the European Parliament, the Council or the Commission, as well as on EIOPA’s own initiative.

Opinions aim, inter alia, at building a common Union supervisory culture and consistent supervisory practices, as well as in ensuring uniform procedures and consistent approaches throughout the Union.

IORP

Opinion on the supervisory reporting of costs and charges of IORPs

The main objective of the Opinion is to foster an effective cost supervision across the EU in order to enhance the value for money offered to members and beneficiaries, the cost efficiency of IORPs and the affordability for sponsors. The opinion is accompanied by an impact assessment and the...
IORP

Opinion on the supervision of long-term risk assessment by IORPs providing defined contribution schemes

The objective of this Opinion is to enhance supervisory convergence in the supervision of risk management by IORPs providing DC schemes, in particular with respect to operational risk assessment and long-term risk assessment from the perspective of members and beneficiaries, in order to foster the...
Organisation

Opinion on the decision of the European Parliament in the discharge procedure in respect of the implementation of the budget for the financial year 2019

This Opinion provides EIOPA’s views on the decision of the European Parliament in respect of the implementation of the budget for the financial year 2019 in accordance with Article 106 of the EIOPA Financial Regulation.
Risk assessment | Supervision

Opinion on the use of risk mitigation techniques by insurance undertakings

The Opinion addresses the use of risk mitigation techniques and includes a set of recommendations addressed to national competent authorities (NCAs) to ensure convergent supervision. This Opinion raises awareness about the importance to have a proper balance between the risk effectively transferred...
ORSA | Sustainability

Opinion on the supervision of the use of climate change risk scenarios in ORSA

In this Opinion EIOPA sets out expectations on the supervision of the integration of climate change risk scenarios by insurers in their ORSA.
Solvency II

Opinion on the 2020 review of Solvency II

EIOPA's Opinion on the Solvency II directive is part of the process to review the directive. The measures proposed aim at keeping the regime fit for purpose by introducing a balanced update of the regulatory framework, reflecting better the economic situation and completing the missing elements...
Organisation

Opinion on the decision of the European Parliament in the discharge procedure in respect of the implementation of the budget for the financial year 2018

The purpose of this Opinion is to provide EIOPA’s views on the decision of the European Parliament and on any other observations made by the European Parliament in the discharge procedure in accordance with Article 64(11) of Regulation (EU) No 1094/2010 of the European Parliament and of the Council...
Solvency II | Supervisory framework

Opinion on the supervision of remuneration principles in the insurance and reinsurance sector

This Opinion addresses how to ensure consistent practices in the application of the remuneration principles included in Solvency II. While the Solvency II framework provides for provisions of remuneration for sound and prudent management, the remuneration principles defined in the Delegated...
Solvency II | Sustainability

Opinion on Sustainability within Solvency II