European Insurance & Occupational Pension Authority (Eiopa)
Insurers miss opportunity to voice opinions on EU consultation on PPOs
The UK’s general insurance sector has failed to engage with a consultation on setting Solvency II liability rules, despite a European Union recommendation that 20% of the sector should contribute for the study to be credible.
Broker complaint handling under spotlight
The European Insurance and Occupational Pensions Authority has today launched a public consultation on guidelines regarding complaints-handling by insurance intermediaries.
Eiopa unveils complaints handling guidelines for brokers
The European Insurance and Occupational Pensions Authority today launched a public consultation on guidelines regarding complaints-handling by insurance intermediaries.
Leader: Beyond a joke
“It is understood European decision makers are poised to broaden the scope of the Gender Directive – which has also impacted the setting of premiums in the life and annuities markets – to cover cats and dogs.”
Penny Black's insurance week
The newspapers have been full of events cancelled due to weather this week, so Penny was not surprised to hear that the insurance industry has been affected too.
Top 5 European news stories
The top 5 stories from www.insuranceinsight.com over the past seven days.
Early implementation of SII elements 'burdensome' for UK firms
The European Insurance and Occupational Pensions Authority has published four consultation papers containing guidelines on the elements of Solvency II that it wants national supervisors implemented by national supervisors from 1 January 2014 on a "comply…
Eiopa begins consultation on Solvency II guidlines
The European Insurance and Occupational Pensions Authority today launched public a consultation on guidelines for Solvency II preparation.
World Bank and Eiopa commit to developing insurance globally
The European Insurance and Occupational Pensions Authority has joined forces with the World Bank on an initiative to develop the insurance sector.
Insurance Europe airs concerns over Solvency II interim proposals
Trade body Insurance Europe has written to the European Insurance and Occupational Pensions Authority opposing the introduction of compulsory quantities reporting amid fears they may cause “unnecessary costs.”
Periodical Payment Orders: Unhappy New Year
Periodical payment orders gave motor insurers a headache in the renewals season as reinsurers struggled to come to terms with them.
KPMG criticises ‘disappointing’ lack of SII timetable
KPMG has branded the lack of a timetable for the implementation of Solvency II as ‘disappointing’, as the European Parliament vote to delay the vote of Omnibus II to 22 October 2013.
"On request" system better for GI says Bernardino
A shift towards mandatory commission disclosure for Europe’s general insurance intermediaries is unnecessary, according to the head of the European Insurance and Occupational Pensions Authority.
Top five European news stories
The top five stories from www.insuranceinsight.com over the past seven days.
LGTA could spell further delays for Solvency II
Trade body Insurance Europe has welcomed the launch by the European Insurance and Occupational Pensions Authority of an assessment to find the most appropriate treatment of long-term guarantees under Solvency II.
Trade body welcomes Eiopa revisit of long-term guarantees
The European Insurance and Occupational Pensions Authority has launched a technical assessment to find the most appropriate treatment of long-term guarantees under the forthcoming Solvency II regulations.
Eiopa launches LTGA consultation
The European Insurance and Occupational Pensions Authority launched today a technical assessment of the long-term guarantee package agreed by the European Parliament, the Council of the EU and the European Commission in the context of the Omnibus II…
Eiopa to review long-term guarantees proposals
The European Insurance and Occupational Pensions Authority will look into the treatment of long-term guarantees in a study starting next week.
EIOPA declares insurance sector outlook 'significantly' negative
The financial stability of the European economy remains fragile, despite coordinated political efforts and actions taken by the European Central Bank.
European outlook 'significantly negative', says EIOPA
The financial stability of the European economy remains fragile, despite coordinated political efforts and actions taken by the European Central Bank.
Solvency II uncertainty challenging EU credibility, says Bernardino
Gabriel Bernardino today called on EU politicians to give a "strong commitment" towards the implementation of Solvency II, in order to prompt a clear and credible timetable for delivering the regime.
Solvency II: The waiting game
With the possibility of further delays to the implementation of Solvency II seeming ever more likely, what will be the impact on insurers?
Solvency II unlikely to be implemented until 2016
Solvency II rules may not take effect until 2016, Gabriel Bernardino told The Wall Street Journal this week.
Bernardino blasts "stagnation" in Solvency II talks
Gabriel Bernardino has condemned the "stagnation" in political talks to finalise Solvency II rules in a strongly worded letter to the European Union Commissioner in charge of regulation, Michel Barnier.