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       Posted on January 5th, 2011

CEIOPS Financial Stability Report 2010: Second half-yearly report

CEIOPS’ Financial Stability Committee (FSC) presents its second halfyearly report on the financial conditions and financial stability of EU/EEA insurance and occupational pension fund sectors. The current report covers developments in the insurance, reinsurance and occupational pension fund markets for the periods 2008 and 2009, including observations and outlook for 2010 and beyond. [...]


       Posted on January 3rd, 2011

Recommendations on the supplementary requirements of the Financial Conglomerates Directive for supervisory colleges of financial conglomerates

The Committee of European Banking Supervisors (CEBS) and the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS), together with their Joint Committee on Financial Conglomerates (JCFC), published their 7 recommendations on the supplementary requirements of the Financial Conglomerates Directive for supervisory colleges of financial conglomerates.

This paper provides recommendations on how [...]


       Posted on December 14th, 2010

Draft EIOPA Work Programme 2011 and Draft Joiint Commiittee Work Programme 2011

In preparation of the institutional change from a Level 3 Committee to the new European Insurance and Occupational Pensions Authority, CEIOPS has identified the key priorities of the work programme of 2011.

Contents:

1. Introduction
2. Insurance

2.1. Solvency II
2.2. Group issues under the current Insurance Groups Directive
2.3. Equivalence

3. Occupational pensions
4. Financial stability
5. Consumer protection/Financial Activities
6. Cross-border [...]


       Posted on December 1st, 2010

CEIOPS’ Comments on the European Commission’s White Paper on Insurance Guarantee Schemes

CEIOPS’ five most important considerations with regard to the WP and IA are:

The EC should consider combining different criteria (policies, eligible claimants, caps and other claim reductions) for determining the scope of a minimum IGS across Europe.
The EC should recognise the fundamental differences between the banking and insurance sectors in establishing an IGSD.
An IGSD should [...]


       Posted on November 22nd, 2010

CEIOPS Draft Report on Variable Annuities – Consultation Paper no. 83

This draft report illustrates the works of Task Force on Variable Annuities (TF), set up by CEIOPS in March 2010 with the aim of establishing common EU guidelines for the supervision on insurers selling VAs. .


5 pages