European Insurance and Occupational Pensions Authority

Overview of EIOPA’s quantative impact assessment

Authors: Elaine Magri
Published on October 1, 2013
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Practices: Insurance & Reinsurance Corporate, Insurance & Reinsurance Regulation
Following a call from the European Commission, the European Insurance and Occupational Pensions Authority (EIOPA) conducted a quantative impact assessment (the “QIS”) on Institutions for Occupational Retirement Provision (“IORPs”). The study was commissioned for stakeholders to better understand the quantative impact of the different options for the holistic balance sheet approach.

The Insurance Product Information Document

Authors: Stuart Firman, Elaine Magri
Published on October 5, 2016
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Practices: Insurance & Reinsurance Corporate, Insurance & Reinsurance Regulation
On 1 August 2016, the European Insurance and Occupational Pensions Authority (“EIOPA”) published a consultation paper on Implementing Technical Standards (“ITS”) on the standardisation of the presentation of the insurance Product Information Document (the “PID”). The ITS may be accessed here. This will be provided to customers prior to conclusions of all non-life insurance lines, excluding large risks in accordance with the provisions of the Insurance Distribution Directive (the “IDD”).