News

Today, the European Insurance and Occupational Pensions Authority (EIOPA) published technical information on the relevant risk free interest rate term structures (RFR) with reference to the end of January 2022.This month, RFR technical information has been calculated:Applying Ultimate Forward...

The three European Supervisory Authorities (EBA, ESMA and EIOPA) published today a Joint ESAs thematic repository on financial education and digitalisation initiatives of National Competent Authorities (NCAs), with a specific focus on cybersecurity, scams and fraud. The repository contains 127...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its Risk Dashboard based on Solvency II data from the third quarter of 2021. The results show that insurers’ exposures to macro risks remain at a high level while all other risk categories, such as insurance as well...

The European Insurance and Occupational Pensions Authority (EIOPA) has launched today a public consultation on retail investor protection in relation to the sale of Insurance-Based Investment Products (IBIPs). The consultation is a response to a Call for advice, which the European Commission sent...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its third paper in a series of papers on the methodological principles of insurance stress testing. The methodological paper focuses on the climate change component and is a further step in enhancing EIOPA’s stress...

The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) published today a statement welcoming the European Systemic Risk Board’s (ESRB) Recommendation on systemic cyber risk, which calls on the ESAs to prepare for the gradual development of a Pan-European systemic cyber incident...

Following a first inquiry conducted in 2021, EIOPA is launching today a second survey concerning the Pan-European Personal Pension Product (PEPP).The aim of this survey is to gauge and better understand the potential take-up of PEPP by eligible providers (asset managers, insurance undertakings...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its Consumer Trends Report, which identifies an acceleration in digitalisation as a clear trend emerging from the COVID-19 pandemic. This brings opportunities but also some concerns for consumers, such as frauds and...

The European Insurance and Occupational Pensions Authority (EIOPA) issued today a call for experts to join its Technical Expert Network on Catastrophe Risk.The network has been in place since 2019 and is tasked with contributing to EIOPA’s initiatives on the modelling and mitigation of (natural)...

The Joint Committee of the European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA –published today the list of identified financial conglomerates for 2021.The 2021 list includes 66 financial conglomerates with the head of group located in the European Union or European Economic Area, one...

Today, the European Insurance and Occupational Pensions Authority (EIOPA) published technical information on the relevant risk free interest rate term structures (RFR) with reference to the end of December 2021.In addition to the current official monthly technical information, EIOPA also published...

The Financial Supervisory Authority of Romania (ASF), together with the European Insurance and Occupational Pensions Authority (EIOPA), announce the results of the Balance Sheet Review of the Romanian insurance sector. The review assessed the appropriateness of the system of governance and of the...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its first report on the application of the Insurance Distribution Directive (IDD), which regulates how insurance products are designed and distributed in the European Union.Amongst others, this report examines:any...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its annual report on the use of limitations and exemptions from the regular Solvency II reporting by national competent authorities (NCAs) during 2020 and the first quarter of 2021.During 2020, three NCAs granted...

The European Insurance and Occupational Pensions Authority (EIOPA) published today 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 European Insurance and Occupational Pensions Authority (EIOPA) published today its revised Guidelines on Legal Entity Identifier (LEI), which provide guidance to national competent authorities.The objective of the revised Guidelines is to facilitate and further promote the use of LEI as unique...

The European Insurance and Occupational Pensions Authority (EIOPA) published today the results of its 2021 Insurance Stress Test in which it assessed the industry’s resilience to a prolonged COVID-19 scenario in a “lower for longer” interest rate environment.In the 2021 Insurance Stress Test...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its December 2021 Financial Stability Report. The analysis underpinning the report examined key macroeconomic developments and the prevalence of risks that are key for the insurance and pension sectors.On the...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its digital transformation strategy, to ensure a systematic, balanced and holistic approach to the technological transformation of the European insurance and pensions markets and their supervision that is currently...