The European Insurance and Occupational Pensions Authority (EIOPA) has published its revised staff paper on demand-side factors contributing to consumers’ reluctance to take out natural catastrophe insurance across Europe. The paper reveals several challenges and drivers that contribute to the low uptake, including a strong focus on premium rather than the overall usefulness of the product, unclear terms and conditions and the perception that the process is complex and time-consuming. EIOPA recommends a series of consumer-tested solutions to overcome barriers, such as raising awareness of the risk and promoting more standardised and easily comparable products in terms of coverage, exclusions and pricing structures.

The European Insurance and Occupational Pensions Authority (EIOPA) has published its 2024 consumer trends report, highlighting the main trends in consumers’ experience with insurance and pension products. The report explores four key areas: the role of digitalisation in shaping the insurance and pension sectors, the transformatory power of AI in insurance, consumers’ appetite for supplementary pensions in light of increasing pension gaps, and the real/perceived value for money of insurance and pensions products. The findings of the report are underpinned by various data sources, including EIOPA’s Eurobarometer survey.

The European Insurance and Occupational Pensions Authority (EIOPA) has published its 2025 Financial Stability Report. The report highlights the need for insurers and pension funds to remain vigilant regarding their exposure to geopolitical and macroeconomic risks, including volatile exchange rates, interest rates, equity valuations, and cyber risks. While the insurance, reinsurance, and occupational pension sectors in Europe remain robust and well-capitalised, EIOPA stresses the importance of closely monitoring these challenges amid a shifting global landscape marked by trade tensions, fiscal policy changes, and heightened geopolitical uncertainty.

The European Insurance and Occupational Pensions Authority (EIOPA) has published its strategic supervisory priorities for 2026. The priorities focus on the Digital Operational Resilience Act (DORA) and sustainability risks.

The European Insurance and Occupational Pensions Authority (EIOPA) has published its December 2024 Financial Stability Report, which assesses the risks and vulnerabilities facing European insurers and occupational pension funds. The report provides an overview of recent developments and features analyses on: institutional investors’ exposure to real estate, the rise of asset intensive (or funded) reinsurance, and the structure of EIOPA’s framework to assess systemic risk in the European insurance sector.

The European Insurance and Occupational Pensions Authority (EIOPA) has published its January 2025 risk dashboard for institutions for occupational retirement provision (IORPs), illustrating a stable risk landscape at medium levels across the European IORP market. The report highlights ongoing vulnerabilities stemming from market volatility, with market and asset return risks maintaining a high-level examination. Notable developments include advanced ten-year swap rates; stable GDP growth and inflation forecasts; and a regression in liquidity risks. Geopolitical tensions are affecting global dynamics, raising concerns about international cooperation. Real estate prices in the Euro Area are declining, though less sharply than before. The financial position of defined benefit IORPs remains strong, and digitalisation and cyber risks have stabilised after previous increases.

The European Insurance and Occupational Pensions Authority (EIOPA) has published an Opinion addressed to national supervisors clarifying how existing insurance-sector legislation applies to the use of artificial intelligence (AI) systems. The Opinion applies to AI systems not classified as prohibited or high-risk under Regulation (EU) 2024/1689 (Artificial Intelligence Act) and aims to promote consistent supervisory practices across the EU. It provides guidance on interpreting provisions under Directive 2009/138/EC (Solvency II Directive), Directive (EU) 2016/97 (Insurance Distribution Directive), Regulation (EU) 2022/2554 (Digital Operational Resilience Act), Commission Delegated Regulation (EU) 2015/35 and Commission Delegated Regulation (EU) 2017/2358.

The European Insurance and Occupational Pensions Authority (EIOPA) has published a new Q&A on what types of services should be considered Information Communication Technologies (ICT) services for the purpose of Article 3(21) of Regulation (EU) 2022/2554 (the Digital Operational Resilience Act or DORA).

The European Insurance and Occupational Pensions Authority (EIOPA) published a Staff Paper on the future of the Pan-European Pension Product (PEPP). This Staff Paper looks at why PEPP, which was launched in 2022, has not lived up to its potential and proposes enhancements that could improve supplementary pensions across the EU. The paper lists the reasons behind the low uptake of the PEPP, and makes recommendations to its design to help overcome supply-side, demand-side, as well a structural barriers which are hindering its broader adoption.

The European Insurance and Occupational Pensions Authority (EIOPA) has decided to supplement its Decision of 10 June 2021 on collaboration between supervisory authorities with a new annex dedicated to supervisory co-operation for when a (re)insurance undertaking relocates within the EU. The annex intends to facilitate an effective transition when undertakings move their registered office within the Single Market (ie cross-border conversion), applying the provision of the Mobility Directive (EU) 2019/2121.

The European Insurance and Occupational Pensions Authority (EIOPA) has published two annexes to its 2021 Opinion on the use of risk-mitigation techniques by insurance undertakings. The annexes provide guidance on the supervision of mass-lapse reinsurance and reinsurance agreements’ termination clauses. EIOPA stated that the aim is to promote convergent supervisory approaches across Europe.

The European Insurance and Occupational Pensions Authority (EIOPA) has launched a consultation on the future implementation of the new proportionality framework under Solvency II. EIOPA invites stakeholders to provide feedback on the consultation paper and draft advice by 25 October 2024.