News

Today Petra Hielkema, Chairperson of the European Insurance and Occupational Pensions Authority (EIOPA), participated in the annual hearing of the Economic and Monetary Affairs Committee of the European Parliament.In her introductory statement, Ms Hielkema highlighted some of EIOPA’s key...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its second “Failures and near misses in insurance” report, which now comprises altogether 219 relevant cases from the European insurance sector.The report takes stock of the most common courses of action taken by...

The European Insurance and Occupational Pensions Authority (EIOPA) published today two Opinions on the supervisory reporting of costs and charges by Institutions for Occupational Retirement Provisions (IORPs) and the risk assessment of IORPs that provide defined contribution (DC) schemes.Opinion...

The European Insurance and Occupational Pensions Authority (EIOPA) has outlined its strategic priorities for the coming year, under the overarching goal of building a safe and sustainable EU for citizens in times of transformation.Activities take into account the ongoing effects of COVID-19, the...

The European Insurance and Occupational Pensions Authority (EIOPA) has published the technical information on the symmetric adjustment of the equity capital charge for Solvency II with reference to the end of September 2021.VIEW THE DOCUMENTATION

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 September 2021.RFR information has been calculated on the basis of the content of the Technical...

The European Insurance and Occupational Pensions Authority (EIOPA) welcomes the proposals of the European Commission on the review of Solvency II. The proposals largely share EIOPA’s approach and follow the objectives set in EIOPA’s Opinion from December 2020. EIOPA particularly welcomes the...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its approach for the implementation of Interbank Offered Rates (IBOR) transitions including with regards to timing and implementation.EIOPA will implement the updated methodology for the calculation of the risk-free...

The Board of Supervisors of the European Insurance and Occupational Pensions Authority (EIOPA) elected today Frank Grund, Chief Executive Director for Insurance and Pension Funds Supervision at theFederal Financial Supervisory Authority (BaFin), Germany as a member of EIOPA’s Management Board. Mr...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its criteria for assessing the independence of supervisory authorities.The independence of supervisory authorities is crucial for the legitimacy and credibility of the supervisory process. For public bodies...

The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) issued today theirsecond joint risk assessment report for 2021. The report highlights the increasing vulnerabilities across the financial sector, the rise seen in terms of cyber risk and the materialisation of event-driven...

Petra Hielkema started in her new position as Chairperson of the European Insurance and Occupational Pensions Authority (EIOPA) today.On this occasion, Ms Hielkema, said: “It is a great hounour to take up this important role, at such a challenging time. Climate change, recovery from the pandemic...

The European Insurance and Occupational Pensions Authority (EIOPA) has today published its second set of quarterly comprehensive statistical information (Q1 2021) on the European occupational pensions sector. The data is based on pensions data regulatory reporting.The statistics contains up-to...

The European Insurance and Pensions Authority (EIOPA) published today a follow-up report to the 2018 peer review on the supervisory practices for the application of proportionality principle in government requirements regarding key functions. The follow-up report assesses how national competent...

The European Insurance and Occupational Pensions Authority (EIOPA) has submitted to the European Parliament its opinion on the discharge decision.The document, adopted by the Board of Supervisors, provides an overview of the measures taken by EIOPA in the light of the observations and comments...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its annual report on supervisory activities in 2020. The report highlights activities and achievements from the year, covering both prudential and conduct of business supervision.In 2020, the coronavirus pandemic...

The European Insurance and Occupational Pensions Authority (EIOPA) issued today a consultation on the supervisory statement regarding the supervision of run-off undertakings. The aim of the supervisory statement is to ensure that a high-quality and convergent supervision is applied to run-off...

The European Insurance and Occupational Pensions Authority (EIOPA) published today a consultation on the amendments of supervisory reporting and disclosure requirements under Solvency II.After a number of years of the implementation of Solvency II and the information received by national...

The European Insurance and Occupational Pensions Authority (EIOPA) published today the supervisory statement on Own Risk and Solvency Assessment (ORSA) in the context of COVID-19 pandemic. With the aim to foster supervisory convergence, EIOPA in this supervisory statement focuses on the...