Document library

Reports, opinions, papers, technical standards, guidelines, surveys, etc

Reports, documents and other publications dated before 2018 can be found in the archive.

Supervision | Cyber Risks | Cyber insurance

Supervisory statement on the management of non-affirmative cyber exposures

The frequency and sophistication of cyber incidents in the financial sector has increased substantially over the course of the last few years, as economic and financial activities have been heavily digitalised. Against this backdrop, EIOPA recommends NCAs to dedicate higher attention to the...
Supervision

Supervisory statement on exclusions in insurance products related to risks arising from systemic events

As the frequency of systemic events increases, there is a risk that insurance products covering them become unaffordable or unavailable. At the same time, products covering such events or products silent about the coverage may explicitly exclude them in the future. These developments have the...
Statistics

European Insurance Overview 2022

The Annual European Insurance Overview is an extension of EIOPA's 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 a high coverage in...
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 2020

This Opinion provides EIOPA’s views on the decision and observations of the European Parliament in respect of the implementation of the budget for the financial year 2020 in accordance with Article 106 of the EIOPA Financial Regulation. It highlights the measures taken by EIOPA to address the...
Risk assessment

Joint Committee Report on risks and vulnerabilities in the EU financial system - Autumn 2022

The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) issued today their Autumn 2022 joint risk report. The report highlights that the deteriorating economic outlook, high inflation and rising energy prices have increased vulnerabilities across the financial sectors. The ESAs...
Solvency II

Report on data quality in Solvency II reporting

Reliable data is the basis for successful, data-driven supervision, evidence-based decision making and micro- and macro-prudential analysis. EIOPA is therefore constantly working to assess and improve the quality of the available insurance reporting data. After six years of Solvency II prudential...
ORSA | Sustainability

Application guidance on climate change materiality assessments and climate change scenarios in ORSA

This application guidance is a follow-up from EIOPA’s Opinion on the supervision of the use of climate change risk scenarios in ORSA (“Opinion”) published in April 2021 (EIOPA-BoS-21-127 - EIOPA, 2021a). The Opinion was addressed to the national competent authorities on the basis of Article 29(1)(a...
Cross-border | Governance

Consultation on the use of governance arrangements in third countries

EIOPA welcomes comments on the Consultation paper on the supervisory statement on the use of governance arrangements in third countries. Stakeholders are kindly invited to provide their feedback until 31 October 2022 by responding to the questions in the online survey.
Sustainability

Joint ESAs’ Report on the extent of voluntary disclosure of principal adverse impact under the SFDR

Report to the Commission under Article 18 of Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector.
Sustainability

Principal adverse impact and product templates for the Sustainable Finance Disclosure Regulation

Following the publication in the EU Official Journal of Regulation of Commission Delegated Regulation (EU) 2022/1288 supplementing the Sustainable Finance Disclosure Regulation (SFDR - Regulation (EU) 2019/2088), the European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) are making available...
Sustainability | IDD

Guidance on the integration of the customer's sustainability preferences in the suitability assessment under IDD

This Guidance is a follow-up to a public consultation which EIOPA ran on draft Guidelines on integrating the customer’s sustainability preferences in the suitability assessment under the Insurance Distribution Directive (IDD). During the public consultation, a number of respondents stressed the...
Supervision | Governance

Peer Review on outsourcing

The peer review assesses the overall maturity of the framework implemented by national supervisory authorities (NSAs) to supervise the outsourced activities of insurance and reinsurance undertakings. The objective of the peer review was to identify gaps, areas of improvements and best practices to...
PEPP

PEPP Benefits Statement and Key Information Document (KID) template

In order to open and use these files, you need to possess the licensed Adobe InDesign and Illustrator, or equivalent, applications.
Supervision | Consumer protection

Consultation on the supervisory statement on differential pricing practices in non-life insurance lines of business

EIOPA welcomes comments on the Consultation paper on the supervisory statement on differential pricing practices in non-life insurance lines of business. Please send your comments to EIOPA by using the EU Survey below, by 7 October 2022.
Financial stability

EIOPA staff paper on the proposal for an Insurance Recovery and Resolution Directive

The European Insurance and Occupational Pensions Authority (EIOPA) published today a staff paper that provides an overview of the proposal for an Insurance Recovery and Resolution Directive (IRRD) put forward by the European Commission in September 2021. In its staff paper, EIOPA welcomes the...
Supervision

Revised Guidelines on Contract Boundaries

During the 2020 review of Solvency II EIOPA identified several divergent practices regarding contract boundaries assessment, as presented in the analysis background document1 to EIOPA’s Opinion on the 2020 review of Solvency II. Divergent practices require additional guidance to ensure a convergent...
Supervision

Revised Guidelines on Valuation of Technical Provisions

During the 2020 review of Solvency II EIOPA identified several divergent practices regarding the valuation of best estimate, as presented in the analysis background document to EIOPA’s Opinion on the 2020 review of Solvency II. Divergent practices require additional guidance to ensure a convergent...
Digitalisation | Big Data | Innovation

Letter to co-legislators on the Artificial Intelligence Act

Stress test | Financial stability

Do EU-wide stress tests affect insurers' dividend policies?

The thematic article employs panel data to investigate whether stress test results and other characteristics associated with European insurers vulnerabilities affect dividend distributions and share buybacks. The authors, Petr Jakubik from EIOPA and Saida Teleu from the Central Bank of Malta, focus...