The Single Programming Document 2022-2024 sets out EIOPA’s strategy and work programme for the coming years and includes the Annual Work Programme for 2022. EIOPA’s agenda will continue to be influenced by the COVID-19 pandemic, the macroeconomic environment and the overall European agenda. Under...

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.

Letter from EIOPA to ECOFIN: Implications of insurers‘ failures to the protection of European policyholders

Decision of the Board of Supervisors on the reporting of the pan-European Personal Pension Product key information document

This report is a follow up to the Peer review of key functions: Supervisory practices and application in assessing key functions.The report assesses how national competent authorities have implemented the recommended actions from the original peer review.Peer reviews assess the application by the...

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.

This report presents how EIOPA contributed during 2020 to enhancing the common European supervisory culture and promoted consistent supervisory practices both from a prudential and conduct of business supervision perspective.

Call for advice to the Joint Committee of the European Supervisory Authorities regarding the PRIIPs Regulation

Call for advice to EIOPA regarding certain aspects relating to retail investor protection

Letter from the EU Commission to EP and Council - SFDR

This paper sets out EIOPA's Strategic Approach to a comprehensive risk-based and preventive framework for conduct of business supervision on a European level.

The supervisory statement on Own Risk and Solvency Assessment (ORSA) in the context of COVID-19 pandemicfocuses on the supervision of the internal processes of undertakings that are necessary for having a good quality ORSA in place.The statement is accompanied with the resolution of comments from...

The Opinionaddresses 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...

Supervisory statement on supervisory practices and expectations in case of breach of the solvency capital requirement

The frequency and severity of natural catastrophes is expected to increase due to climate change. To ensure continuing policyholder protection and stability of the insurance market, the Solvency Capital Requirements (SCR) for natural catastrophe underwriting risk should reflect the expected impact...

The frequency and severity of natural catastrophes is expected to increase due to climate change. As underwriters of natural catastrophe risks, the (re)insurance sector can be particularly impacted by climate change. The increasing risk can lead to insurance coverage becoming unaffordable for the...

Since the global financial crisis in 2007, stress tests have become standard tools for regulators and supervisors to assess the risks and vulnerabilities of financial sectors. To this end, the Insurance and Occupational Pensions Authority (EIOPA) regularly performs EU-wide insurance stress tests...

This article considers the protective role that insurance can play in mitigating the negative macroeconomic and welfare impact of catastrophes, and the interplay between climate change and insurance coverage. The article first develops a theoretical model of insurance, climate change, catastrophes...