News

EIOPA published today a report analyzing how insurance undertakings in the EU implemented the new insurance accounting standard IFRS 17 as well as the synergies and differences in the calculation of insurance liabilities with the Solvency II framework.

The European Insurance and Occupational Pensions Authority (EIOPA) published today the results of its comparative study on the modelling of market and credit risk in internal models based on year-end 2022 data.

The European Supervisory Authorities today announced that they will launch a voluntary exercise for the collection of the registers of information of contractual arrangements on the use of ICT third-party service providers by the financial entities.

The European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) today published three vacancy notices in the context of the Digital Operational Resilience Act (DORA).

Monthly update of the symmetric adjustment of the equity capital charge for Solvency II – end-March 2024

EIOPA publishes monthly technical information for Solvency II Relevant Risk-Free Interest Rate Term Structures – end-March 2024

The European Insurance and Occupational Pensions Authority (EIOPA) published today its supervisory statement on the supervision of reinsurance concluded with third-country reinsurers.

EIOPA launched today a public consultation on reassessing natural catastrophe risks in the standard formula. EIOPA’s review of the parameters aims to better capture the risks stemming from perils such as earthquake, flood, hail and windstorm.

EIOPA is launching today its 2024 stress test in which it subjects insurers in the European Economic Area to a hypothetical scenario of severe but plausible adverse developments in financial and economic conditions. This year’s exercise envisions a re-intensification of geopolitical tensions.

EIOPA published the calculation of the Ultimate Forward Rate (UFR) applicable as of 1 January 2025. This parameter of the methodology to derive EIOPA’s risk-free interest rate term structures will remain unchanged at 3.30% for the euro.

The European Insurance and Occupational Pensions Authority (EIOPA) collects and publishes comprehensive statistics on institutions for occupational retirement provision (IORPs) in the European Economic Area.

EIOPA published the technical information on the symmetric adjustment of the equity capital charge for Solvency II with reference to the end of February 2024.

EIOPA published technical information on the relevant risk-free interest rate term structures (RFR) with reference to the end of February 2024.

EIOPA published today its Staff Paper on demand-side factors contributing to the low uptake of natural catastrophe insurance across Europe. The Paper explores the barriers that keep consumers from buying insurance against natural catastrophes and proposes a number of consumer-tested solutions.

EIOPA is launching a call for expression of interest today to select new members of the Insurance and Reinsurance Stakeholder Group (IRSG) and the Occupational Pensions Stakeholder Group (OPSG).

EIOPA published today its first shocked risk-free interest rate term structures (RFR). These term structures are used to calculate the “Option-adjusted” duration of technical provisions to be reported in the context of the Guidelines for reporting for financial stability purposes

The Board of Supervisors of EIOPA today appointed Mr Steven Vanackere, Vice-Governor of the National Bank of Belgium, to EIOPA’s Management Board.

The Joint Board of Appeal (“the Board”) of the European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) unanimously decided to dismiss the appeal brought by Dubai Commodities Clearing Corporation (“DCCC”) against the European Securities and Markets Authority.

EIOPA published today its February 2024 Insurance Risk Dashboard, which shows that insurers’ exposure to market risk is currently at a high level and the main concern for the sector. Macro and digitalisation risks are still relevant but have decreased to medium levels.