Document Library

2021 Insurance stress test report

EFIF Procedural framework for innovation facilitator cross-border testing

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.

EIOPA's digital transformation strategyaddresses the challenges posed by the digitalisation of the insurance and pensions sector, while enabling stakeholders to harness the benefits that arise from new technologies and business models.

Based on data on market activities in the different Member States, the retail risk indicators represent a set of ratios and measures thathighlight trends and pinpoint possible risks to consumers.The indicators aim to provide a pre-emptive assessment on how individual characteristics and...

Through its work on sustainable finance, EIOPA aims to ensure that (re)insurers and occupational pension funds integrate sustainability risks in their risk management, to protect consumers and secure financial stability.The activities reflect the need for global action to enable decisive progress...

Report on Cross-border IORPs

Letter to the European Commission regarding the technical advice on the development of best practices for national pension tracking systems and pensions dashboard

With the goal to help Member States in Europe that do not have a pensiontracking system in place, EIOPA in its advice provides a set of principles, good practices and recommendations, aiming to facilitate citizens’ digital access to personal pension information.

EIOPA advises to develop a visual pensions dashboard to strengthen the monitoring of pension developments in the Member States by presenting a complete set of indicators that allow for enhanced analysis and comparison and are also easy to comprehend. In particular, EIOPA recommends using...

Advisory Committee on Proportionality advice on proportionality areas in Annual Work Programme

With this statement EIOPA highlights that while value for money is embedded already within product oversight and governance requirements, more convergence is needed in practical supervisory implementation.

Letter from the EU Commission to EP and Council - SFDR RTS

Final Report Consumer Testing of digital disclosures on PTS across Europe

Stress testing frameworks have evolved considerably over the last few years and have become an increasingly important risk management instrument for the financial sector. Stress tests (STs) form an integral part of the financial risk management of individual institutions and have become a core...

The objective of the capital add-on measure is to ensure that the regulatory capital requirements reflect the risk profile of the solo undertaking or of the insurance group. Therefore, it is important that national competent authorities (NCAs) use it when needed, with the aim to ensure a high...

The European Supervisory Authorities (ESAs) have developed through the Joint Committee (JC) draft Regulatory Technical Standards (RTS) with regard to the content and presentation of disclosures under Articles 8(4), 9(6) and 11(5) of Regulation (EU) 2019/2088 (‘Sustainable Finance Disclosure...

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 Supervisory Handbook recommends good practices to EIOPA’s members and observers for the supervision of insurance and reinsurance undertakings and groupscarrying on life and non-life business, towards fulfilling its goal of building a common Union supervisory culture and consistent supervisory...