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

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

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.

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

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

The IORP risk dashboard, based on individual occupational pensions regulatory reporting, summarises the main risks and vulnerabilities in the IORPs sector of the European Economic Area (EEA) for defined contributions (DC) and defined benefits (DB) pension schemes.

The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today published a Report setting out the results of a stocktake of BigTech direct financial services provision in the EU. The Report identifies the types of financial services currently carried out by BigTechs in the EU.

The European Insurance and Occupational Pensions Authority (EIOPA) published today a study on diversification modelling in the internal models used by insurers. The study published today provides an overview of the current modelling approaches and equips National Competent Authorities with...