EIOPA sets out its strategic priorities for 2024
06 October 2023
EIOPA will focus on managing the uncertainty in times of transformation so that the insurance and pensions sectors can continue to deliver value to policyholders and beneficiaries, to business and the EU economy.
The European Insurance and Occupational Pensions Authority (EIOPA) has outlined its strategic priorities for the period 2024 – 2026.
In a context of evolving challenges, risks and opportunities, EIOPA will focus on managing the uncertainty in times of transformation so that the insurance and pensions sectors can continue to deliver value to policyholders and beneficiaries, to business and the EU economy.
EIOPA has identified strategic priorities on which to focus:
- Integrating sustainable finance considerations across all areas of work, including integrating ESG risks in the prudential frameworks on insurers and pension funds and addressing protection gaps.
- Supporting the consumers, the market and the supervisory community through digital transformation, with a focus on defining the policy and implementing the Digital Operational Resilience (DORA), the Artificial Intelligence Act and the European Single Access Point (ESAP).
- Enhancing the quality and effectiveness of supervision, particularly in view of increased cross-border business, including the revision of the supervisory convergence materials considering the Solvency II review.
- Ensuring technically sound prudential and conduct of business policy, including maintaining the integrity of the insurance regulatory framework as the review of Solvency II reaches its next stages.
- Identifying, assessing, monitoring and reporting on risks to the financial stability and conduct of business and promoting preventative policies and mitigating actions, including the provision of timely and accurate financial stability analyses and risk assessments.
- Providing effective recruitment, management and development of EIOPA’s human capital to further enhance its position as an attractive employer.
More information on EIOPA’s priorities can be found in the Single Programming Document 2024-2026, adopted by the Board of Supervisors.
EIOPA
© EIOPA
