Other Documents

EIOPA other documents

Stress test | IORP

Methodological framework for stress-testing IORPs

Stress testing frameworks have evolved considerably over the last few years and have become an increasingly important risk management instrument for the financial sector. Stress tests (STs) form an integral part of the financial risk management of individual institutions and have become a core tool...
Supervision

Supervisory handbook

The Supervisory Handbook recommends good practices to EIOPA’s members and observers for the supervision of insurance and reinsurance undertakings and groups carrying on life and non-life business, towards fulfilling its goal of building a common Union supervisory culture and consistent supervisory...
General good provisions

General good rules - overview table of completed cases.pdf

Innovation

Crypto-assets: ESAs remind consumers about risks

As crypto-assets, including so-called virtual currencies such as Bitcoin, continue to attract public attention, the European Supervisory Authorities (EBA, EIOPA and ESMA – together the ‘ESAs’) recall the continued relevance of their previous warnings. The ESAs remind consumers that some crypto-...
Organisation

Summary EIOPA Information

Reporting | Sustainability

Insurers’ sustainability reporting: EIOPA’ technical advice on key performance indicators under article 8 of the taxonomy regulation

The main objective of the Taxonomy Regulation is to set out relevant criteria for determining whether an economic activity qualifies as environmentally sustainable, in particular, in order to address market failures that hamper the identification of such economic activities and therewith,...
10 year anniversary

10th anniversary conference report

Ensuring financial stability and maintaining consumer trust in the insurance and pensions sector will be critical to Europe’s economy recovery from the Covid19 pandemic. Over the long term, the insurance and pensions sector will also play a critical role in realising the ambitions of the European...
Supervision | Supervisory framework

Union-wide Strategic Supervisory Priorities

EIOPA identified business model sustainability and adequate product design as two Union-wide strategic supervisory priorities relevant for national competent authorities (NCAs). Following the revised EIOPA Regulation, NCAs shall take those priorities into account when drawing up their work...
Shared resilience solutions | Protection gap | Sustainability | COVID-19

EIOPA staff paper on measures to improve the insurability of business interruption risk in light of pandemics

In this paper, EIOPA analyses options relating to prevention measures to reduce losses, capital markets risk transfer, and multi-peril solutions for systemic risk. It also addresses the general challenges related to modelling and triggers for claims in the context of pandemics. EIOPA invites all...
Risk assessment | Stress test

Methodological principles of insurance stress testing - liquidity component

The paper sets out methodological principles that can be used to design bottom-up stress test exercises to assess the vulnerability of insurers to liquidity shocks. The conclusions are based on the current understanding and knowledge of the liquidity risk in the insurance industry.
Organisation

List of Financial Conglomerates 2020

Equivalence

Joint Statement on Japan’s Temporary Equivalence regarding Reinsurance and Enhanced Cooperation

1. The European Commission, the European Insurance and Occupational Pensions Authority (EIOPA) and the Financial Services Agency (FSA) have been cooperating closely on regulatory and supervisory matters over the years. Our strong cooperation has been built on a number of close exchanges and...
Solvency II

Opinion on the 2020 review of Solvency II

EIOPA's Opinion on the Solvency II directive is part of the process to review the directive. The measures proposed aim at keeping the regime fit for purpose by introducing a balanced update of the regulatory framework, reflecting better the economic situation and completing the missing elements...
Protection gap | Sustainability

The pilot dashboard on insurance protection gap for natural catastrophes

This is the first pilot dashboard which depicts the insurance protection gap for natural catastrophes. The aim is to represent the drivers of a climate-related insurance protection gap in order to identify measures that will help in decreasing society’s losses in the event of natural catastrophes...
PEPP

PEPP Impact Assessment

PEPP

Description of EIOPA’s stochastic model used for PEPP

Please provide any comments and contributions on the stochastic model to: eiopa.PEPP.stochastic-model@eiopa.europa.eu