Insurance Post

New Eiopa guidelines aim to harmonise supervisory practices

Gabriel Bernardino

The European Insurance and Occupational Pensions Authority published a set of guidelines today aiming to establish consistent, efficient and effective supervisory practices, and ensure the uniform and consistent application of EU law.

The guidelines cover complaints-handling by insurance companies and seek to address two current areas of concern.

The first is ‘information asymmetry'. For instance, insurers may not handle complaints

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