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...

The peer review assessesthe 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...

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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..

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...

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...

Letter to co-legislators on the Artificial Intelligence Act

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...

EIOPA’s supervisory convergence plan identifies, in line with EIOPA’s mandate, EIOPA’s annual priorities to enhance supervisory convergence by ensuring a high, effective and consistent level of supervision across Europe, with the aim of guaranteeing a similar level of protection of policyholders...

TheJune 2022 Financial Stability Reportexamines the main trends for the European (re)insuranceand pensions sectors as well as the macroeconomic landscape with its implications.It considers the impact ofinflation driven bystressed supply chains and the geopolitical situation that has further...

Letter to the European Parliament, the Council of the EU and the European Commission on diversity in management bodies

Call for technical advice to EIOPA regarding the evaluation and review of the IORP II Directive

On 28 January 2021 EIOPA published a discussion paper and launched a public consultation on “open insurance: accessing and sharing insurance-related data”, in order to better understand open insurance developments and risks and benefits related to that.A high-level summary of the responses...

The Annual Report 2021 issetting out EIOPA's activities and achievements of the past year.2021 continued under the influence of COVID-19 pandemic. EIOPA carried out a demanding Annual Work Programme and welcomed Petra Hielkema in September 2021 as Chairperson for a five year mandate.

This final report presents new draft amending regulatory technical standards (RTS) on the risk mitigation techniques for OTC derivative contracts not cleared by a CCP (bilateral margining) that the European Supervisory Authorities (ESAs) have developed under Article 11(15) of EMIR1 . The draft RTS...

Clarifications on the ESAs’ draft RTS under SFDR

Report, which provides a comprehensive analysis on the completeness, adequacy and uniformity of the applicable laws and practices on the withdrawal of license for serious breaches of the rules on anti-money laundering and countering the financing of terrorism (AML/CFT).

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...

The objective of this Supervisory Statement is to achieve a high, effective and consistent level of regulation and national supervision promoting a level playing field and the protection of retail investors.The ‘What is this product?’ section is the first descriptive section of the KIDand is an...