The European Insurance and Occupational Pensions Authority supports a European Commission proposal to move Solvency II reporting and disclosure instructions from draft technical standards to its website. The proposed reporting cuts and simplifications remain unchanged. Firms can continue preparing for application on 30 January 2027 using the draft standards and Taxonomy 2.10.0.
The European Insurance and Occupational Pensions Authority (EIOPA) has submitted an opinion to the European Commission supporting its proposal to move Solvency II supervisory reporting and public disclosure instructions out of the respective draft Implementing Technical Standards and onto EIOPA’s website. EIOPA will publish the instructions in English once the Commission adopts the two standards and will keep them updated.
The proposed relocation leaves the substance of the drafts submitted on 30 March 2026 unchanged, including their reporting reductions and simplifications. That package proposed fewer reporting templates, lower reporting frequency and greater use of proportionality, with larger template reductions for small and non-complex undertakings. Market participants can continue preparing for the revised Solvency II framework’s application on 30 January 2027 using the draft supervisory reporting and public disclosure standards and Taxonomy 2.10.0.
The European Insurance and Occupational Pensions Authority has reported reporting-template cuts of up to 44% and a roughly one-third reduction in the length of 25 sets of guidelines. It plans to make simplification a continuous principle, supported by proportionality, integrated digital reporting, better-sequenced legislation and more consistent…
2026-03-30 European Insurance and Occupational Pensions Authority Europe
The European Insurance and Occupational Pensions Authority has submitted to the European Commission draft amendments to Solvency II Implementing Technical Standards on supervisory reporting and public disclosure, aimed at simplifying requirements and reducing reporting burdens, particularly for small and non-complex undertakings. The package…
2025-07-10 European Insurance and Occupational Pensions Authority Europe
The European Insurance and Occupational Pensions Authority has launched a consultation proposing amendments to Solvency II reporting requirements to reduce the burden for (re)insurance undertakings. Key measures include lowering the frequency of certain templates, deleting some annual templates, and expanding proportionality, with an estimated…