Publications

OPSG – advice on IORP II review / cross border activities

Mrs Hielkema, what impact could the war in the Ukraine have on the insurance industry?The first we did is to assess the direct impact. And here we see that there is very limited impact. The exposure of both insurance as well as the occupational pension sector to Russia, is low. It’s 0.1%. for the...

Updated Joint ESA Supervisory Statement on the application of the Sustainable Finance Disclosure Regulation

This document outlines EIOPA's recommendations to supervisors and insurers based on the learnings and experience of the2021 Insurance Stress Test.

Supervisory Convergence Plan for 2022

The European Supervisory Authorities (EBA, ESMA and EIOPA – the ESAs)warn consumers that many crypto-assets are highly risky and speculative. The ESAs set out key steps consumers can take to ensure they make informed decisions.This warning comes in the context of growing consumer activity and...

Minutes of the BoS extraordinary meeting on 3 March 2022

IRSG advice on retail investor protection

The Solvency II Directive came into effect in Europe on 1 January 2016 and was a true milestone, resulting in real progress in terms of risk management and the harmonisation of prudential standards in the European Economic Area. The insurance industry now uses a risk based approach to assess and...