Autoridad Europea de Seguros y Pensiones de Jubilación

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 April 2025. Click here to view the documentation.  Legal Background The symmetric adjustment is regulated mainly in Article 106 of Directive 2009/138/EC (Solvency II Directive); Article … Leer más

The European Insurance and Occupational Pensions Authority (EIOPA) published today its April 2025 Insurance Risk Dashboard based on Q4 2024 Solvency II data and Q1 2025 market data. The main findings show that risks in the European insurance sector are stable and overall at medium levels, with pockets of vulnerabilities stemming from ongoing market volatility … Leer más

The European Insurance and Occupational Pensions Authority (EIOPA) has launched six consultations today, all related to the implementation of the European Union’s Insurance Recovery and Resolution Directive (IRRD). Today’s consultations propose draft guidelines and technical standards covering key aspects such as pre-emptive recovery plans, resolution plans and resolvability of insurance undertakings and groups.  The IRRD, … Leer más

On the 13 January 2025, the European Insurance and Occupational Pensions Authority (EIOPA) recommended that Bulgaria’s Financial Supervision Commission (FSC – Комисия за финансов надзор) review its supervisory review process for assessing (re)insurance undertakings’ and groups solvency positions. EIOPA’s Recommendation aimed at ensuring – under a prospective and risk-based approach proportionate to the nature, scale … Leer más

The Joint Committee of the European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) today published its 2024 Annual Report, which provides an overview of the joint ESAs work completed during the past year. The ESAs continued to explore and monitor potential emerging risks for financial markets participants and the financial system. The main areas of … Leer más

The European Insurance and Occupational Pensions Authority (EIOPA) published today its Costs and past performance report that analyses the costs, charges and value for money characteristics of retail investment products within EIOPA’s remit over the period 2020 to 2023. Investment-based insurance products Insurance-based investment products (IBIPs) showed an increase in net returns in 2023, as … Leer más

The European Insurance and Occupational Pensions Authority (EIOPA) published today its approach to supporting the objective of simplifying regulation and reducing administrative burdens for enhanced European competitiveness. To achieve a balanced and credible outcome, EIOPA calls for smarter, more harmonised regulation alongside more effective supervision at the EU level. This could create ideal conditions for … Leer más

The European Insurance and Occupational Pensions Authority (EIOPA) has launched its fifth stress test of occupational pension funds in Europe. The 2025 exercise probes the sector’s sensitivity to rapid movements in yield curves and focuses on liquidity risks in light of recent years’ market episodes underlining their relevance for long-term institutional investors, especially those exposed … Leer más

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 March 2025. The RFR information has been calculated on the basis of the Technical Documentation. All the documents are available on the RFR dedicated section of the EIOPA website. Background Technical … Leer más

The European Insurance and Occupational Pensions Authority (EIOPA) has launched a new publication series, bringing together the expertise of in-house specialists with that of external researchers, academics and analysts. The newly conceived “Occasional Research Papers” aim to inform policy and regulatory discussions on key topics affecting the European (re)insurance and occupational pension sectors. The inaugural … Leer más