EIOPA consults on revised market share guidelines under Solvency II
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The European Insurance and Occupational Pensions Authority (EIOPA) has launched a public consultation on updated market share guidelines under Solvency II. These guidelines help determine which insurance and reinsurance firms qualify for limited reporting requirements, reducing their regulatory burden.
Following the Solvency II Review, EIOPA aims to clarify roles, simplify processes, and ensure consistency in how exemptions and reduced reporting requirements are applied across Europe. The proposed changes seek to create a level playing field by improving transparency around market share calculations and the conditions for reduced reporting.
EIOPA invites feedback on these proposed revisions until 28 April via an online survey – we encourage our readers with an interest in the future of proportional reporting in the insurance sector to contribute their thoughts.
Find out more and share your views here.