European Insurance & Occupational Pension Authority (Eiopa)
EU and US seek to harmonise insurance regulation
Regulators from the EU will meet with their US counterparts this month in a bid to increase understanding and enhance cooperation between the two regimes on insurance regulation.
Insurers finalising Solvency II preparations despite delays
Delays to the Solvency II framework have not dampened insurer appetite for Solvency II products, according to Interactive Data.
Insurers must act on Eiopa's Solvency II reporting guidelines
Guidelines released last month remove uncertainties surrounding Solvency II legislation, but, as David Foster reports, the reporting requirements remain demanding.
Insurance Mediation Directive II: Broking new ground
The European Commission's controversial Insurance Mediation Directive II proposals are aimed at unifying the sale of cover across the continent and increasing consumer protection. But how have the recommendations been received by the broking and buying…
Insurance Europe pledges support for EU occupational systems study
Insurance Europe is backing plans by the European Insurance and Occupational Pensions Authority to carry out a thorough quantitative impact study on the review of the EU Institutions for Occupational Retirement Provision Directive.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Eiopa launches registered insurer database
The European Insurance and Occupational Pensions Authority has published a database of registered financial institutions in a bid to improve public awareness.
Rumours of Solvency II M&A greatly exaggerated
Solvency II will not result in market consolidation, at least not in the near term, according to Ovum's senior analyst for insurance technology.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Eiopa urges insurers to use ORSA guidelines
The European Insurance and Occupational Pensions Authority has published its final report on the draft guidelines for Own Risk and Solvency Assessment.
Editor's comment: Regulation and revolving chairs
Anticipated it may have been, but last week's European call for compulsory commission disclosure has understandably left UK brokers aggrieved.
Solvency II report is progress, analysts say
Market analysts have praised the "encouraging" European Insurance and Occupational Pensions Authority's report on the benefits of current Solvency II templates.
Eiopa publishes consultation on Solvency II disclosure requirements
The European Insurance and Occupational Pensions Authority published its final report on reporting and disclosure requirements for insurance undertakings and insurance groups today.
New Eiopa guidelines aim to harmonise supervisory practices
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.
Barnier assures brokers IMD regulation will be 'proportionate'
European Commissioner Michel Barnier has said the revision of the Insurance Mediation Directive is "an important step in restoring consumer confidence in the financial sector".
Loss adjusting: A standards issue
Direct regulation of loss adjusters has been on the agenda for more than a decade but, with Europe ready to step in, is the industry prepared to be governed by forces on the continent?
European insurers remain well capitalised, says Eiopa
The majority of European insurers are well capitalised in terms of current Solvency regulations, although Solvency capital ratios are starting to decrease slightly, according to the European Insurance and Occupational Pensions Authority.
Barnier "hopeful" of political agreement on Solvency II
Despite "rapid progress" being made, Solvency II may not apply from 1 January 2014 if political consensus is not reached in the next few weeks, according to Michel Barnier.
Regulation of loss adjusters in the spotlight again
The European Insurance and Occupational Pensions Authority has advised that regulation of those fulfilling the "claims" aspects of insurance contracts would be part of Insurance Mediation Directive 2.
Solvency II not just about capital requirements, says Bernardino
Solvency II should be seen as more than a "check the box" regulatory exercise that determines capital requirements, according to Eiopa president Gabriel Bernardino.
EIOPA says regulators must overrule Solvency II confidentiality agreements
The European Insurance and Occupational Pensions Authority has ripped up confidentiality agreements between insurers and third-party Solvency II consultants selling validation models.
Money laundering reports published
The joint committee of the three European Supervisory Authorities (European Banking Authority, European Securities and Markets Authority and European Insurance and Occupational Pensions Authority) have published two reports on the implementation of the…
ISE 2012: EIOPA sees ‘new spirit’ after Solvency II vote
There is a new spirit and momentum to Solvency II following this week’s vote according to the European Insurance and Occupational Pensions Authority.
Insurance Insight – top 10 stories
The top 10 stories from www.insuranceinsight.eu over the past seven days.