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…
Author: IORP.EU
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…
EIOPA assesses European insurers’ exposure to physical climate change risks
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…
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….