The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) today kicked off a joint recruitment process for Heads of Unit (AD9) in the Joint Oversight team that was set up to…
Month: December 2024
EIOPA revokes previous guidelines to avoid duplicities and overlaps with DORA
The European Insurance and Occupational Pensions Authority (EIOPA) announced today that it will withdraw two previously published Guidelines and amend an Opinion – all related, at least in part, to the use…
EIOPA provides updated information to policyholders affected by FWU AG’s insolvency
With this note, EIOPA provides an update of the current situation of FWU AG Group and its insurance subsidiaries FWU Life Insurance Lux S.A. (“FWU Luxembourg”) and FWU Life Insurance Austria AG…
EIOPA and ECB propose European approach to reduce economic impact of natural catastrophes
EIOPA and ECB propose possible EU-level approach to reduce insurance protection gap for natural catastrophes, building on existing national and EU structures Two-pillar solution includes pooling private risks to increase insurance coverage…
EIOPA’s stress test shows EU insurers can handle surging geopolitical risks but at a heavy price
The European Insurance and Occupational Pensions Authority (EIOPA) published today the results of its 2024 Insurance Stress Test in which it assessed European insurers’ ability to cope with the economic and financial…
ESAs’ Dry Run exercise shows the goal of reporting of registers of information under Digital Operational Resilience Act in 2025 within reach
The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published today a summary report with the key findings from the 2024 Dry Run exercise on reporting the registers of information…
EIOPA’s financial stability report sees insurers and pension funds weathering a complex and uncertain risk landscape
Real estate vulnerabilities: The first topical focus dives into the risks insurers and occupational pension funds face from a languishing real estate sector. Both residential and commercial real estate prices have been negatively…
EIOPA updates representative portfolios to calculate volatility adjustments to the Solvency II RFR term structures
Today, the European Insurance and Occupational Pensions Authority (EIOPA) published updated representative portfolios that will be used for calculation of the volatility adjustments (VA) to the relevant risk-free interest rate term structures…
ESAs provide Guidelines to facilitate consistency in the regulatory classification of crypto-assets by industry and supervisors
The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today published joint Guidelines intended to facilitate consistency in the regulatory classification of crypto-assets under MiCAR. The Guidelines include a…
The IAIS elects Petra Hielkema as Vice Chair of the Executive Committee
The International Association of Insurance Supervisors (IAIS) elected Petra Hielkema, Chairperson of EIOPA as Vice Chair of the Executive Committee (ExCo) for a term of two years. As IAIS ExCo Vice Chair,…