The Malta Financial Services Authority hosted the MFSA Insurance Conference 2026, focusing on the next phase of insurance-sector regulatory change and highlighting sustained engagement between supervisors and market participants as a key enabler of reform. During the event, MFSA launched a consultation paper on the Solvency II review and the Insurance Recovery and Resolution Directive (IRRD). Conference remarks from senior MFSA officials covered supervisory priorities and regulatory developments, with Head of Insurance and Pensions Supervision Ray Schembri outlining the Authority’s work on Solvency II and IRRD and framing the consultation as the main vehicle to gather industry input on the future regulatory framework. External contributions from the European Insurance and Occupational Pensions Authority and the Italian Insurance Supervisory Authority addressed cross-border supervision, simplification and burden reduction, proportionality, and passporting implications for insurers operating across Europe. The consultation paper is intended to collect stakeholder feedback as MFSA develops its approach to Solvency II reform and IRRD implementation.

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