The European Insurance and Occupational Pensions Authority (EIOPA) published today its January 2025 Insurance Risk Dashboard, which shows that risks in the European insurance sector are stable and overall at medium levels,…
Month: January 2025
EIOPA provides its advice on Solvency II’s new proportionality framework to the European Commission
The European Insurance and Occupational Pensions Authority (EIOPA) published today its technical advice on the implementation of the new proportionality framework under Solvency II, requested by the European Commission. This advice endorses…
EIOPA suggests amending the capital treatment of insurers’ direct exposure to central clearing counterparties
The European Insurance and Occupational Pensions Authority (EIOPA) published today its final technical advice to the European Commission on the standard formula capital treatment of insurers’ direct exposure to qualifying central clearing…
EIOPA’s risk dashboard on occupational pension funds shows stable risk assessment with market risks remaining a key concern
The European Insurance and Occupational Pensions Authority (EIOPA) published today its January 2025 Risk Dashboard on Institutions for Occupational Retirement Provision (IORPs), which shows that risks in the European IORP sector are stable…
EIOPA recommends new risk factors for flood, windstorm and hail risk in insurers’ standard formula capital calibrations
The European Insurance and Occupational Pensions Authority is recommending updates to the way natural catastrophe risks are accounted for in insurers’ standard formula calibrations following a comprehensive reassessment exercise conducted in 2023…
EIOPA publishes annual report on sanctions under the Insurance Distribution Directive in 2023
The European Insurance and Occupational Pensions Authority (EIOPA) published today its fifth annual report on administrative sanctions and other measures imposed during 2023 by National Competent Authorities (NCAs) under the Insurance Distribution…
Financial Services, Gender & Inclusion
It is my pleasure to join you at today’s conference on Corporate Governance, Sustainability, and Diversity. I wish I could be with you in person, and I am grateful for the opportunity…
AEIP reply to EIOPA’s consultation paper on the draft Opinion on the supervision of liquidity risk management of IORPs
AEIP reply to EIOPA’s consultation paper on the draft Opinion on the supervision of liquidity risk management of IORPs Cécile Henrotte 17/01/2025 Position Papers, Press Releases On 17 December, AEIP replied to…
ESAs publish study on feasibility of further centralisation of major ICT-related incident reporting by financial entities
The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published today a report on the feasibility of further centralisation in the reporting of major ICT-related incidents by financial entities…
Policyholders of the insurer NOVIS may face financial losses as no liquidator has yet been appointed
On 1 June 2023, Národná banka Slovenska (NBS), the Slovak national supervisory authority, withdrew the authorisation of NOVIS Insurance Company, NOVIS Versicherungsgesellschaft, NOVIS Compagnia di Assicurazioni and NOVIS Poisťovňa a.s. (collectively referred…