On February 23rd, 2023, the European Insurance and Occupational Pensions Authority (EIOPA) issued a Supervisory Statement with which EIOPA aims to clarify supervisory expectations with regards to the existing requirements in the IDD legislative framework and promote a convergent approach amongst competent authorities in the supervision of POG, fair treatment of customers and disclosure requirements, […]
The principle of “value for money” for the customer of an insurance company was sanctioned by the EU Delegated Regulation on POG (Product Oversight Governance) and was subsequently taken up by IVASS Regulation no. 45 of August 4, 2020. EIOPA has also expressed itself on the subject several times, first in the document published in […]
The 18th “Quaderno” dedicated to the analysis of the relationships between Banks and Insurance Companies in Italy has been published on the IVASS website. From reading the document, the following emerges in a nutshell: a) Cooperation between banks and insurance companies has 30 years of history and is a significant phenomenon now: in Italy over […]
The new implementing measures of the European Green Deal for the insurance sector were published in the Official Journal of the European Union of 2 August 2021. The measures modify the Solvency II, IDD and POG regulations regarding the integration of sustainability factors, sustainability risks and sustainability preferences.