Institutions for occupational retirement provision (IORPs) that hold derivative instruments are exposed to substantial liquidity risks. In some EU member states, IORPS make considerable use of derivatives to reduce interest rate and…
Month: September 2024
Updated technical RFR documentation applicable as of 1 January 2025
Today the European Insurance and Occupational Pensions Authority (EIOPA) publishes an updated technical documentation for calculating the risk-free interest rate term structures (RFR). An overview of the changes and their nature is provided…
AEIP input to the European Commission’s targeted consultation on artificial intelligence (AI) in the financial sector
AEIP input to the European Commission’s targeted consultation on artificial intelligence (AI) in the financial sector Cécile Henrotte 13/09/2024 News The European Association of Paritarian Institutions (AEIP) submitted its input to the…
EIOPA proposes a broad reform of the PEPP to tackle Europe’s pension gap and support the digital and green transitions
The European Insurance and Occupational Pensions Authority (EIOPA) published today a Staff Paper on the future of the Pan-European Pension Product (PEPP). The paper sets out the reasons behind the limited uptake…
ESAs warn of risks from economic and geopolitical events
The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today issued their Autumn 2024 Joint Committee Report on risks and vulnerabilities in the EU financial system. The Report underlines…
EIOPA publishes monthly technical information for Solvency II Relevant Risk-Free Interest Rate Term Structures – end-August 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 August 2024. The RFR information…
Monthly update of the symmetric adjustment of the equity capital charge for Solvency II – end-August 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 August 2024….
Leveraging insurance to shore up Europe’s climate resilience
The extreme weather events of the past few years from flash floods in Germany, torrential rain in Slovenia as well as crippling heatwaves and wildfires across the Mediterranean have shown that no region…