The European Insurance and Occupational Pensions Authority (EIOPA) is inviting market participants and (re)insurance stakeholders to provide their feedback on the add-on quantitative financial stability (FS) reporting templates, which form part of the public consultation on Supervisory Reporting & Public Disclosure for Solvency II.
The add-on templates are intended to provide a fair reflection of the financial stability in the insurance sector.
Monitoring of the insurance market for the purpose of financial stability is one of EIOPA’s tasks according to Article 8 (1) of the EIOPA Regulation. This task includes an assessment of the solvency of insurance undertakings, which will facilitate an analysis of the overall resilience of the insurance sector (or sub-sectors) and its ability to withstand shocks.
The Financial Stability add-on templates reflect the additional reporting requirements necessary for financial stability purposes. An FS-related Log-file containing explanatory materials is published on the EIOPA website together with the templates.
The consultation will end on 20th February.
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