The report presents the first results based on a large data collection exercise from the industry. It focuses on property, content and business interruption insurance against windstorm, wildfire, river flood and coastal…
Month: August 2024
EIOPA provides initial information to policyholders affected by FWU AG’s insolvency
German holding company FWU AG has recently gone into insolvency and its Luxembourgish subsidiary FWU Life Insurance Lux S.A. (“FWU Luxembourg”) filed for a suspension of payment with the District Court of…
EIOPA assesses progress on the collaboration of insurance supervisory authorities
The European Insurance and Occupational Pensions Authority (EIOPA) published today a follow-up report to the 2020 Peer Review on EIOPA’s Decision regarding the collaboration of insurance supervisory authorities. Continuous and active collaboration between…
ESAs’ Joint Board of Appeal allows the appeal lodged by NOVIS and remits the case to EIOPA
The Joint Board of Appeal (“The Board”) of the European Supervisory Authorities (ESAs) (the EBA, ESMA and EIOPA) unanimously decided that the appeal brought by NOVIS against the European Insurance and Occupational…
ESAs' Joint Board of Appeal dismisses appeal by Euroins Insurance Group AD against the European Insurance and Occupational Pensions Authority
The Joint Board of Appeal (The Board) of the European Supervisory Authorities (ESAs) – the EBA, ESMA, EIOPA – unanimously decided that the appeal brought by Euroins Insurance Group AD (Euroins) against…
Monthly update of the symmetric adjustment of the equity capital charge for Solvency II – end-July 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 July 2024….
EIOPA publishes monthly technical information for Solvency II Relevant Risk-Free Interest Rate Term Structures – end-July 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 July 2024. The RFR information…
EIOPA consults on new proportionality regime under Solvency II
The European Insurance and Occupational Pensions Authority (EIOPA) launched today a public consultation on the future implementation of the new proportionality framework under Solvency II. The consultation covers two aspects, namely, the…