The European Insurance and Occupational Pensions Authority (EIOPA) published today its revised Staff Paper on demand-side factors contributing to the low uptake of natural catastrophe insurance across Europe. The Paper explores the…
Month: February 2024
EIOPA seeks new members to join its Stakeholder Groups
The European Insurance and Occupational Pensions Authority (EIOPA) is launching a call for expression of interest today to select new members of the Insurance and Reinsurance Stakeholder Group (IRSG) and the Occupational…
EIOPA’s dashboard identifies the European natural catastrophe insurance protection gap
The European Insurance and Occupational Pensions Authority (EIOPA) released today its dashboard, which depicts the insurance protection gap for natural catastrophes across Europe. This tool is the first dashboard which presents the…
EIOPA starts publishing shocked risk-free rates for duration calculation in financial stability reporting
The European Insurance and Occupational Pensions Authority (EIOPA) published today its first shocked risk-free interest rate term structures (RFR). These term structures are used to calculate the “Option-adjusted” duration of technical provisions…
EIOPA appoints National Bank of Belgium Vice-Governor to Management Board
The Board of Supervisors of the European Insurance and Occupational Pensions Authority (EIOPA) today appointed Mr Steven Vanackere, Vice-Governor of the National Bank of Belgium, to EIOPA’s Management Board. Mr Vaneckere begins…
EIOPA publishes Opinion on non-life cross-border business of long-term nature
Today, the European Insurance and Occupational Pensions Authority (EIOPA) published an Opinion on non-life cross-border insurance business of a long-term nature and its supervision. The Opinion is addressed to National Competent Authorities…
ESA’s Joint Board of Appeal confirms ESMA’s decision to withdraw the recognition of Dubai Commodities Clearing Corporation
The Joint Board of Appeal (“the Board”) of the European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) unanimously decided to dismiss the appeal brought by Dubai Commodities Clearing Corporation (“DCCC”)…
EIOPA publishes monthly technical information for Solvency II Relevant Risk-Free Interest Rate Term Structures – end-January 2024
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 January 2024. The RFR information…
Monthly update of the symmetric adjustment of the equity capital charge for Solvency II – end-January 2024
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 January 2024….
EIOPA Insurance Risk Dashboard sees market risks as key concern for insurers in early 2024
The European Insurance and Occupational Pensions Authority (EIOPA) published today its February 2024 Insurance Risk Dashboard, which shows that insurers’ exposure to market risk is currently at a high level and the…