Reports and research

Building on its ambitious agenda for sustainable finance, and in particular on the sensitivity analysis of asset-side transition risks published in 2020, EIOPA launched a follow-up exercise on physical risks in the second half of 2021. This discussion paper presents the first results of this...

In 2021, the Joint Committee under the chairmanship of the ESMA, continued to have a central role for the coordination and exchange of information between the European Supervisory Authorities (ESAs), the European Commission (EC) and the European Systemic Risk Board (ESRB). The main areas of cross-...

The report highlights the increasing vulnerabilities across the financial sector as well as the rise of environmental and cyber risks. It also includes a preliminary assessment of the consequences of Russia's invasion of Ukraine.

This report sets out the findings and advice of the ESAs in response to the European Commission’s Call for Advice on digital finance and related issues. It covers cross-sectoral and sector-specific market developments in the three key areas identified in the Call for Advice, and the risks and...

The Consumer Trends Report 2021 and the risk heat-map provide a snapshot of the impact of the COVID-19 crisis on the insurance and pension sector from a consumer protection perspective, highliting a fast-forwarded digitalisation trend with underlying opportunities, but also some concerns from a...

Amongst others, this report examines: any changes in the insurance intermediaries' market structure; any changes in the patterns of cross-border activity; the improvement of quality of advice and selling methods and the impact of the IDD on insurance intermediaries which are small and medium-sized...

The European Insurance and Occupational Pensions Authority (EIOPA) published its second annual report on administrative sanctions and other measures imposed during 2020 by national competent authorities under the Insurance Distribution Directive (IDD). In 2020, national competent authorities...

The report is based on the Solvency II annual and quarterly quantitative reporting templates with reference during 2020 and the first quarter of 2021, as submitted to EIOPA by solo undertakings or insurance groups from the European Economic Area. The results show that proportionality is implemented...

The December 2021 Financial Stability Report examined key macroeconomic developments, including the effects of the ongoing COVID-19 pandemic, and the prevalence of risks that are key for the insurance and pension sectors.

The report takes stock of the situation on NCAs independence along key aspects i.e. operational independence, financial independence, personal independence as well as accountability and transparency. It should be noted that this report does not represent an assessment of NCAs independence. Rather...

The report aims at enhancing super­visory knowledge on the prevention and management of insurance failures, based on the information contained in the EIOPA data­base, which comprises a sample of 219 affected insurance undertakings in 31 European countries, dating back from 1999 to 2020.

The Annual European Insurance Overview is published by EIOPA as an extension of its statistical services in order to provide an easy-to-use and accessible overview of the European (re)insurance sector. The report is based on annually reported Solvency II information. This ensures that the data has...

This report highlights EIOPA's policy approach for the implementation of Interbank Offered Rates (IBOR) transitions. This report includes a summary of the comments received by the stakeholders, the final methodology to perform the IBOR transitions, as well as the results of the information request...

The independence of supervisory authorities is crucial for the legitimacy and credibility of the supervisory process. For public bodies, independence and good governance are necessary to avoid possible conflicts of interest and to reduce the likelihood of undue external influence on supervisory...

The report highlights the increasing vulnerabilities across the financial sector, the rise seen in terms of cyber risk and the materialisation of event-driven risks.