Europejski Urząd Nadzoru Ubezpieczeń i Pracowniczych Programów Emerytalnych (European Insurance and Occupational Pensions Authority - EIOPA), Wzajemna ocena w zakresie nadzoru nad Prudent Person Principle (PPP) w ramach Solvency II

02 May 2024

EIOPA-BoS-24/146

Peer Review on supervision of Prudent Person Principle (PPP) under Solvency II

In accordance with its mandate, EIOPA regularly conducts peer reviews, working closely with National Competent Authorities (NCAs), with the aim of strengthening both the convergence of supervisory practices across Europe and the capacity of NCAs to conduct high-quality and effective supervision.

Backgrounds and objectives

Based on EIOPA’s Peer review work plan 2023-2024, EIOPA performed a peer review on the supervision of the Prudent Person Principle (PPP) for insurance and reinsurance undertakings under Solvency II according to Article 30 of EIOPA Regulation .

The peer review is performed by an ad hoc peer review committee (PRC), composed by EIOPA staff members (including the chair of the committee) and representatives of NCAs who are knowledgeable on the topic.

EIOPA planned this review in light of the importance of investment activity for the insurance business model, including the...