News

The European Insurance and Occupational Pensions Authority (EIOPA) in compliance with its Financial Regulationconducted a public procurement procedure for the provision of financial market data for the calculation of the technical information relating to the risk-free interest (RFR) term...

Page ContentToday, the European Insurance and Occupational Pensions Authority (EIOPA) submitted to the European Parliament, the Council of the European Union and the European Commission, its 2018 and third Annual Report on Long-Term Guarantees Measures (LTG) and Measures on Equity Risk.Compared to...

Page ContentToday, the European Insurance and Occupational Pensions Authority (EIOPA) published updated representative portfolios that will be used for calculation of the volatility adjustments (VA) to the relevant risk-free interest rate term structures for Solvency II.EIOPA will start using...

Page ContentThe European Supervisory Authorities (ESAs) published today two joint draft Regulatory Technical Standards (RTS) to amend the RTS on the clearing obligation and risk mitigation techniques for non-cleared OTC derivatives. These standards provide a specific treatment for simple...

Page ContentA supervisory assessment of the European insurance sector's resilience to adverse market developments and not a pass-or-fail exercise42 European (re)insurance groups participated representing a market coverage of 75 % based on consolidated group assets Three severe but plausible...

Page ContentThe European Insurance and Occupational Pensions Authority (EIOPA) published today the report on the Evaluation of the Structure of Insurance Intermediaries Markets in Europe in accordance with Article 41(5) of the Insurance Distribution Directive (IDD). This report, which is the very...

Page ContentOn 3 December 2018, Finanstilsynetissued an orderto Qudos Insurance A/S to increase the overall gross claims provisions, write down the value of certain assets, increase other provisions, determine the own funds correctly and correctly calculate the solvency capital requirement. This...

Page ContentThe European Insurance and Occupational Pensions Authority (EIOPA) today issued a call for experts to join a Technical Expert Network on Catastrophe Risks with the aim to strengthen and complement EIOPA's expertise with regard to the modelling and mitigation of (natural) catastrophe...

ESMA, EBA and EIOPA warn consumers on the risks of Virtual Currencies.The European Securities and Markets Authority (ESMA), the European Banking Authority (EBA) and the European Insurance and Occupational Pensions Authority (EIOPA) (hereafter referred to as ‘the three ESAs’) are warning consumers...

Page ContentThe European Supervisory Authorities (ESAs – European Banking Authority, European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority) have published a statement in response to industry concerns relating to severe operational challenges both...

Page ContentThe European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and the European Securities and Markets Authority (ESMA), together the European Supervisory Authorities (ESA), have today published a final report with draft regulatory technical...

Today, the European Insurance and Occupational Pensions Authority (EIOPA) published for consultation its draft technical advice on possible amendments to the delegated acts under Solvency II and the Insurance Distribution Directive (IDD) concerning the integration of sustainability risks and...

Page ContentToday, the European Insurance and Occupational Pensions Authority (EIOPA) published a Decision on the cross-border collaboration of national competent authorities (NCAs) with respect to the Directive (EU) 2016/2341 of the European Parliament and of the Council of 14 December 2016 on...

Page ContentThe first annual European Insurance Overview report is now available on EIOPA's website.The European Insurance Overview report is published by EIOPA as an extension of its statistical services in order to provide an easy-to-use and accessible overview of the European insurance sector...

Page ContentThis peer review assessed how National Competent Authorities (NCAs) supervise and determine the application of the key functions by the insurer with particular emphasis on proportionalityIn general NCAs apply the principle of proportionality Some weaknesses exist, leading to...

Page ContentThe European Insurance and Occupational Pensions Authority (EIOPA) welcomes the Special Report No 29/2018 of the European Court of Auditors (ECA) on EIOPA's contribution to supervision and stability in the insurance sector in particular the recognition of its "important contribution to...

Page ContentGrowing cyber threats, increasing power of big data as well as contagion risk from intra-group transactions in multi-national insurance groups are focus areas for risk-based and forward-looking supervision in the United States and the European UnionThe Steering Committee of the EU -U.S...

Page ContentThe European Insurance and Occupational Pensions Authority (EIOPA) published today its Report on the "Implementation of IORP II in relation to the Pension Benefit Statement: Guidance and Principles based on Current Practices".The Report is part of EIOPA's work to facilitate the...

Page ContentThe European Supervisory Authorities (ESAs) have today issued a consultation paper on targeted amendments to the Delegated Regulation covering the rules for the Key Information Document (KID) for Packaged Retail and Insurance-based Investment Products (PRIIPs).The ESAs, on 1 October...