The Board of Supervisors of the European Insurance and Occupational Pensions Authority (EIOPA) agreed today that EIOPA will coordinate the first joint mystery shopping exercise on sales of insurance. The exercise will…
Month: June 2023
European insurers and pension funds hold up well despite elevated financial stability risks
The European Insurance and Occupational Pensions Authority (EIOPA) published today its June 2023 Financial Stability Report which takes stock of the key developments and risks in the European insurance and occupational pensions…
ESAs consult on the first batch of DORA policy products
The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) launched today a public consultation on the first batch of policy products under the Digital Operational Resilience Act (DORA). This includes…
Publication of the Annual Report 2022
The European Insurance and Occupational Pensions Authority (EIOPA) has published its Annual Report 2022, setting out its activities and achievements of the past year. 2022 was a year of uncertainties in Europe: the…
EBA and EIOPA publish Data Point Modelling Standard 2.0 to foster collaboration and harmonisation in the field of supervisory reporting
Data Point Modelling (DPM) Standard 2.0 significantly enhances and evolves the current standard, and is a key component of the EBA and EIOPA’s data dictionaries and a cornerstone of their reporting frameworks….
Model IORP II Pension Benefit Statement
Providing clear, comparable information to pension scheme members in the EU The European Insurance and Occupational Pensions Authority (EIOPA) has created two model Pension Benefit Statements to provide practical guidance on how…
ESA’s Board of Appeal dismissed request for suspension in the appeal by Euroins Insurance Group AD against EIOPA
The Board of Appeal of the European Supervisory Authorities (ESAs), in the appeal brought by Euroins Insurance Group AD against the European Insurance and Occupational Pensions Authority (EIOPA), unanimously decided, on 8 June…
Národná banka Slovenska has withdrawn the authorisation from NOVIS
On 1 June 2023, Národná banka Slovenska (NBS), the Slovakian national supervisory authority, has issued a decision on the withdrawal of the authorisation from NOVIS Insurance Company, NOVIS Versicherungsgesellschaft, NOVIS Compagnia di Assicurazioni,…
EIOPA publishes monthly technical information for Solvency II Relevant Risk-Free Interest Rate Term Structures – end-May 2023
Today, the European Insurance and Occupational Pensions Authority (EIOPA) published technical information on the relevant risk-free interest rate term structures (RFR) with reference to the end of May 2023. The RFR information…
Monthly update of the symmetric adjustment of the equity capital charge for Solvency II – end-May 2023
The European Insurance and Occupational Pensions Authority (EIOPA) has published the technical information on the symmetric adjustment of the equity capital charge for Solvency II with reference to the end of May 2023….