Search QAs

Article 8(2)(a), Delegated Regulation 2017/2359: Is EIOPA of the view that the requirements under criterion a) are met if the insurance product is appropriate/suitable for the respective customer?

How detailed should the information obtained for the appropriateness test be? In the case of a unit-linked insurance contract, does it cover both the product and its underlying assets?

Will the use of profiling and similar tools by the insurance distributor be considered from a supervisory point of view as reasonable evidence of suitability?

Article 8(2)(c) Delegated Regulation 2017/2359: Can EIOPA provide some further practical guidance to understand how this criterion would apply?

Is the insurance undertaking expected to assess and ensure that the rebate paid by a unit-linked fund manager complies with Article 29(2), IDD?

If an insurance undertaking does not provide a personalised recommendation regarding the unit-linked insurance contract and its underlying assets, to the customer, can EIOPA provide guidance on how the receipt of such rebates by insurance undertakings interacts with the requirements of Article 29...

Can EIOPA provide practical examples to show how the principle of proportionality can be applied in relation to the measures set out in the IDD for managing conflicts of interest?

Would an independent broker who acts on behalf of the customer, be able to contribute to issuing documentation and claims assessment on behalf of the undertaking if it handles any arising conflicts of interest in an appropriate manner?

In order to be registered as an insurance intermediary, competent authorities have to request certain information from the insurance intermediary on the identities of shareholders, persons with close links etc. Under IDD, the insurance intermediary would also have to provide certain information to...