The European Insurance and Occupational Pensions Authority has published its 2025 Annual Report, setting out how it used the year to advance regulatory simplification, pension and retail investment work linked to the Savings and Investments Union, and supervisory responses to digital, climate and cross-border risks. The report also says EIOPA defined a new strategy for the coming years built around three pillars: strengthening the Single Market, enhancing market and societal resilience, and making supervision simpler, bolder and faster. The report highlights a simplification push across several policy areas, including shorter Solvency II guidelines, streamlined reporting templates and more use of proportionality, alongside work on the Insurance Recovery and Resolution Directive and conduct supervision. On pensions, EIOPA points to its technical input on the reviews of the IORP II Directive and the Pan-European Personal Pension Product Regulation, with recommendations focused on value for money, auto-enrolment and additional pension savings. On digital and operational resilience, it notes EIOPA’s Opinion on the use and supervision of artificial intelligence in insurance and, together with the other European Supervisory Authorities, the establishment of the Digital Operational Resilience Act oversight framework, including the designation of 19 critical third-party service providers. The report also covers work on natural catastrophe protection gaps, supervisory benchmarks for insurance products, and the fifth occupational pensions stress test, which found the sector had sufficient aggregate liquidity buffers to absorb shortfalls. Looking ahead, EIOPA says it will carry forward the new 2026 to 2030 strategy while continuing its simplification and supervisory convergence agenda. The report also notes further work on insurance guarantee schemes in the context of the Insurance Recovery and Resolution Directive, with EIOPA’s advice to the European Commission due by 31 August 2026 and a public consultation planned for the second quarter of 2026.
European Insurance and Occupational Pensions Authority2026-06-15
European Insurance and Occupational Pensions Authority publishes 2025 annual report outlining simplification agenda and new 2026 to 2030 strategy
The European Insurance and Occupational Pensions Authority’s 2025 Annual Report says the authority used the year to push regulatory simplification, pension and retail investment work, and supervision of digital, climate and cross-border risks. It highlights measures including Solvency II reporting simplification, AI and DORA-related supervisory work, and technical input on pension reforms. The report also introduces EIOPA’s 2026 to 2030 strategy centred on the Single Market, resilience and simpler supervision.