News

Today, the European Insurance and Occupational Pensions Authority (EIOPA) published its report on Big Data Analytics in motor and health insurance.Data processing has historically been at the very core of the business of insurance undertakings, which is rooted strongly in data-led statistical...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its advice to the European Commission on sustainability in the areas of risk management, investment strategy, stewardship and product oversight.For EIOPA, sustainability is an area of significant strategic...

The European Insurance and Occupational Pensions Authority (EIOPA) today issued a call for candidates to join an Expert Panel on the Pan-European Personal Pension Product (PEPP) Regulation.Based on the forthcoming Regulation on PEPP, EIOPA is required to develop substantial policy and regulatory...

​In 2018, supervisory activities contributed to high-quality supervision, to enhanced convergence of supervisory practices and to stability in the European insurance sectorEIOPA made use of different available tools to build common benchmarks for supervisory practices, to review national practices...

On 11 April 2019, the European Insurance and Occupational Pensions Authority (EIOPA) hosted its Fourth InsurTech Roundtable on "the use of cloud computing by (re)insurance undertakings".Over 70 participants from 48 different organisations from all over Europe participated.This Roundtable continued...

On 1 April 2019, the European Insurance and Occupational Pensions Authority (EIOPA) hosted a Workshop on Cyber Insurance.More than 100 representatives from the insurance industry, brokers, policyholders, regulators, think tanks and other stakeholders participated.The workshop continued the...

Peer review examined supervisory practices of national competent authorities in their assessment of how institutions for occupational retirement provision invest their capital in the best interest of their members and beneficiaries A risk-based approach or a risk-based approach complemented with...

The European Insurance and Occupational Pensions Authority (EIOPA) published today Decisions to revise the following three Pension Registers:Register of Institutions for Occupational Retirement Provision (IORPs) Prudential ProvisionsRegister of Institutions for Occupational Retirement Provision...

Today, the European Insurance and Occupational Pensions Authority (EIOPA) published its updated Risk Dashboard based on the fourth quarter 2018 Solvency II data.The results show that the risk exposures of the European Union insurance sector remain overall stable.Macro risks continue at medium...

The European Insurance and Occupational Pensions Authority (EIOPA) issued today a Supervisory Statement on the application of the proportionality principle in the supervision of the Solvency Capital Requirement (SCR) calculated in accordance with the standard formula. EIOPA identified potential...

The European Supervisory Authorities (ESAs) today published two pieces of Joint Advice in response to requests made by the European Commission in its March 2018 Fintech Action Plan:Joint Advice on the need for legislative improvements relating to Information and Communication Technology (ICT) risk...

The Joint Committee of the European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA – published today its 2018 Annual Report providing a detailed account of all the joint work achieved in the past year.Consumer protection and financial innovation matters were once again a key priority for the...

The European Supervisory Authorities (ESAs) published today additional questions and answers (Q&A) on the Key Information Document (KID) requirements for Packaged Retail and Insurance-based Investment Products (PRIIPs) laid down in the European Commission's Delegated Regulation (EU) 2017/653.The Q...

The European Insurance and Occupational Pensions Authority (EIOPA) welcomed today's adoption by the European Parliament of the Regulation introducing a Pan-European Pension Product, the PEPP.Gabriel Bernardino, Chairman of EIOPA said: "This Regulation is an important firststep towards...

Crucial biennial exercise to assess the resilience and potential vulnerabilities of the European Defined Benefit and Defined Contribution pension sector Tailored to the specificities of the diverse European pension sector and its potential impact on financial stabilityAdverse market scenario...

The European Union's (EU) banking, insurance, pensions and securities sectors continue to face a range of risks, the latest report on Risks and Vulnerabilities in the EU Financial System published today by the Joint Committee of the European Supervisory Authorities (ESAs) shows. The 2019 Spring...

Today, the European Insurance and Occupational Pensions Authority (EIOPA) published its consultation linked to corrections and amendments of the implementing technical standards (ITS) on reporting and disclosure.The draft amendments address the Commission Delegated Regulation (EU)…/… (C(2019) 1900...

Today, the European Insurance and Occupational Pensions Authority (EIOPA) published its Discussion Paper on Systemic Risk and Macroprudential Policy in Insurance.This Discussion Paper builds on the series of previously published three papers that laid down its policy stance, namely on "Systemic...

At its meeting on 27 March 2019 the Board of Supervisors of the European Insurance and Occupational Pensions Authority (EIOPA) elected, effective immediately,Sergio Álvarez Camiña as a new member of EIOPA's Management Board. Sergio Álvarez Camiña is Director General for Insurance and Pensions...