News

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...

The European Insurance and Occupational Pensions Authority (EIOPA) launched two consultations today on the revision of the Solvency II Guidelines on contract boundaries and the valuation of technical provisions, in place since the implementation of Solvency II in 2016.As part of the 2020 review of...

The European Insurance and Occupational Pensions Authority (EIOPA) launched today two consultations on the development of pension tracking services and pension dashboards. The two consultations are a response to the European Commission’s request for technical advice and are part of the...

The European Insurance and Occupational Pensions Authority (EIOPA) has published today an Opinion on the use of risk mitigation techniques by insurance undertakings.Since the implementation of Solvency II new risk mitigation techniques such as new reinsurance structures have appeared in the...

The European Insurance and Occupational Pensions Authority (EIOPA) published today the statement on supervisory practices and expectations in case of breach of the Solvency Capital Requirement (SCR).With this supervisory statement EIOPA aims to foster supervisory convergence in the situations...

The European Insurance and Occupational Pensions Authority (EIOPA) issued today three publications as part of its activities on sustainable finance. The work addresses key issues of climate change-related risk for the insurance sector and continues to encourage insurers to play their role of...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its Financial Stability Report that addresses key financial stability risks in the European insurance and pension sector.EIOPA emphasizes that the pandemic crisis is still not over and many uncertainties remain...

The European Insurance and Occupational Pensions Authority (EIOPA) amended the Decision on the collaboration of the insurance supervisory authorities of the Member States in the European Economic Area. The new Decision will further strengthen and enhance the cooperation between the national...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its Discussion Paper on the Methodological Framework for Stress-Testing Institution for Occupational Retirement Provision (IORPs) for consultation with stakeholders. The public consultation of the methodological...

The European Insurance and Occupational Pensions Authority (EIOPA) has published its Annual Report 2020, setting out its activities and achievements of the past year.In a year dominated by COVID-19, EIOPA played a key role in insurance and pensions supervision in Europe.EIOPA’s actions related to...

The European Insurance and Occupational Pensions Authority (EIOPA) published today a report from its consultative expert group on digital ethics setting out artificial intelligence (AI) governance principles for an ethical and trustworthy AI in the European insurance sector.The report builds on...

The European Insurance and Occupational Pensions Authority (EIOPA) published its first set of quarterly comprehensive statistical information on the European occupational pensions sector. The data is based on pensions data regulatory reporting.The statistics contains up-to-date and high-quality...

The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) published today two amended Implementing Technical Standards (ITS) on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs).The amendments reflect:the recognition of two...

The European Insurance and Occupational Pensions Authority published today the Guidelines on the supervisory reporting regarding the Pan-European Personal Pension Product (PEPP) to ensure the common, uniform and consistent application of the PEPP Regulation’s reporting requirements.The Guidelines...

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

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 May 2021.Click here to view the documentation

The Joint Committee of the European Supervisory Authorities (ESAs – European Banking Authority, European Insurance and Occupational Pensions Authority, and European Securities and Markets Authority) published today its analysis of the implementation and the functioning of the EU Securitisation...

The European Insurance and Occupational Pensions Authority (EIOPA) has launched its 2021 insurance stress test for the European insurance market today. Insurance stress tests assess the resilience of the European insurance market in case of adverse financial and economic conditions and identify...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its Risk Dashboard based on the fourth quarter of 2020 Solvency II data.The results show that insurers’ exposures to macro risks remain at high level while all other risk categories remain at medium level. The...