News

The European Insurance and Occupational Pension Authority (EIOPA) launched today a consultation on the draft Opinion on the supervision of remuneration principles in the insurance and reinsurance sector.The remuneration principles set out in Article 275 of the European Commission Delegated...

The European Insurance and Occupational Pensions Authority (EIOPA) published today a Discussion Paper on Methodological Principles of Insurance Stress Testing.The Discussion Paper is setting out methodological principles and guidelines required for the conduct and assessment of a European Union...

The European Insurance and Occupational Pensions Authority (EIOPA) published today a Report analysing national General Good rules in the context of the proper functioning of the Insurance Distribution Directive (IDD) and the internal market.The report provides:a factual description of the types of...

Today, the European Insurance and Occupational Pension Authority (EIOPA) launched a consultation on its Advice on the harmonisation of national insurance guarantee schemes across the Member States of the European Union. This consultation is a draft response to the Call for Advice of the European...

Today, the European Insurance and Occupational Pension Authority (EIOPA) launched a consultation package on supervisory reporting and public disclosure in the context of its work linked with the 2020 Solvency II Review. EIOPA will be consulting on the review of supervisory reporting and public...

Today, the European Insurance and Occupational Pensions Authority (EIOPA) published four Opinions to assist National Competent Authorities (NCAs) in the implementation of the Institutions for Occupational Retirement Provisions - the IORP II Directive:The Opinion on the use of governance and risk...

The Joint Committee of the European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) published today a report on the cross-border supervision of retail financial services. In this report, the ESAs identified the main issues that national competent authorities (NCAs) face when supervising...

The European Insurance and Occupational Pensions Authority (EIOPA) kicks-off its policy work on Level 2 measures for the PEPP RegulationChallenging and diverse scope of deliverables - and tight timeframes - call for innovative and efficient solutionsToday, the European Insurance and Occupational...

Today, the European Insurance and Occupational Pensions Authority (EIOPA) issued a call for candidates to join a Consultative Expert Group on Digital Ethics in insurance.EIOPA recently published the key finding of its thematic review on the use of Big Data Analytics (BDA) in motor and health...

Today, the European Insurance and Occupational Pensions Authority (EIOPA) published its June 2019 Financial Stability Report of the (re)insurance and occupational pensions sectors in the European Economic Area.The risk of a prolonged low yield environment has become more prominent in recent months...

Today, the European Insurance and Occupational Pension Authority (EIOPA) launched a consultation on guidelines on outsourcing to cloud service providers. These guidelines shall provide guidance to market participants on how the outsourcing provisions set forth in the Directive 2009/138/EC, in the...

Today, the European Insurance and Occupational Pensions Authority (EIOPA) published its 2018 Annual Report, setting out its activities and achievements of the past year.Through its 2018/19 supervisory convergence plan, EIOPA identified priorities and implemented actions to foster a common approach...

Today, the European Insurance and Occupational Pensions Authority (EIOPA) and the European Central Bank (ECB) published Common Minimum Standards for Data Revisions agreed between the ECB, EIOPA, the National Central Banks (NCBs) and the National Competent Authorities (NCAs).Given the integrated...

In October 2018 the Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) launched a public consultation to amend the Implementing Regulations on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs) for credit risk. The...

The draft opinion aims at integrating sustainability risks, in particular those related to climate change, in the investment and underwriting practices of (re)insurers. The opinion addresses the valuation of assets and liabilities, assesses current investment and underwriting practices and seeks...

European Commission’s reply to the ESAs call in July 2018 to clarify the scope of the PRIIPs Regulation. For further details see this link.

The European Supervisory Authorities (ESAs) proposed options for presenting information on performance scenarios to be tested during the upcoming consumer testing exercise by the European Commission under the Level 2 Review of the PRIIPs KID Regulation.For further details please refer to the...

The three European Supervisory Authorities, the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and the European Securities Markets Supervisory Authority (ESMA) launched today a consultation on draft Implementing Technical Standards (ITSs) on...

Today, the European Insurance and Occupational Pensions Authority (EIOPA) published the calculation of the Ultimate Forward Rate (UFR) for 2020.EIOPA calculated the ultimate forward rate (UFR) for 2020 in accordance with the methodology to derive the UFR which can be obtained via this link (p.p...