No sabemos si la última respuesta a esta solicitud contiene información o no – si eres Jo Davies por favor abre una sesión y háznoslo saber.

Insurance regulators and which ones work closely together?

Estamos a la espera de que Jo Davies lea una respuesta reciente y de que actualice el estado.

Dear European Insurance and Occupational Pensions Authority,

Under the right of access to documents in the EU treaties, as developed in Regulation 1049/2001, I am requesting documents which contain the following information:
1. Clusters of EU insurance regulators – what are the regional groupings of regulators?
2. Understand what do European insurance regulators do? What are their main objectives/mandates?
- Public awareness/confidence in the insurance industry
- Involvement of the industry with the regulator
- Level of competence of insurers, agents and financial planners and what is required to get a licence?
- Trends in Market growth

EIOPA ATD, Autoridad Europea de Seguros y Pensiones de Jubilación

Dear Ms Davis,

Thank you for your e-mail.

We hereby acknowledge receipt of your application below, registered with EIOPA under reference number I-2018-061 on 7 March 2017.

In accordance with Regulation (EC) No 1049/2001 regarding public access to European Parliament, Council and Commission documents, your application will be handled within 15 working days.

The time limit will expire on 28 March 2018. In case this time limit needs to be extended, you will be informed in due course.

Yours faithfully,

EIOPA Team Access to Documents

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EIOPA ATD, Autoridad Europea de Seguros y Pensiones de Jubilación

Dear Ms Davies,
 
Many thanks for your queries indeed.
 
Following their careful assessment, we note that they all concern
information that is publicly available either on the websites of EIOPA,
the European Commission or the Office of Publications of the European
Union.
 
Nevertheless, to enable you to quickly navigate through the various
materials, we are providing you with a list of links and a summary of
information that your seek with your application.
 
Please refer to our replies below and let us know if further questions.
 
With kind regards,
EIOPA ATD Team
 
---
 
 
Under the right of access to documents in the EU treaties, as developed in
Regulation 1049/2001, I am requesting documents which contain the
following information:
 
1. Clusters of EU insurance regulators – what are the regional groupings
of regulators? 

* [1]EIOPA 2016 list of groups for which a College of supervisors is in
place​​​
* [2]EIOPA 2015 list of groups for which a College of supervisors is in
place​​
* [3]EIOPA 2014 list of groups for which a College of supervisors is in
place
* [4]EIOPA 2013 list of groups for which a College of supervisors is in
place
* [5]EIOPA 2012 list of groups for which a College of supervisors is in
place
* [6]Insurance groups and the EEA supervisory authorities that
participate in the respective colleges of supervisors in 2010

 
2. Understand what do European insurance regulators do? What are their
main objectives/mandates?
 
Based on Union law, the European regulatory process in insurance services
involves four institutional levels: 

* At level 1 the European Parliament and Council adopt the basic laws
proposed by the Commission, in the traditional co-decision procedure.
This procedure is usually used for setting out regulatory framework
principles in the form of regulations or directives.   

* At level 2 the Commission can adopt, adapt and update technical
implementing or regulatory measures in the insurance sector, taking
the form of delegated regulations. The Commission does this with the
consultative and drafting help of EIOPA. This allows the Council and
Parliament to focus on the key political decisions in the insurance
sector, while technical implementing details can be worked out
afterwards by the Commission.

* At level 3, EIOPA, as a body of national insurance supervisors is
responsible for advising the Commission in the adoption of level 1 and
2 acts and for issuing guidelines on the implementation of the rules.
 

In addition, outside its level 3 regulatory competences, EIOPA is further
entitled to issue regulatory recommendations, investigate instance of
breach of Union law by national supervisors, and to mediate on disputes
between national supervisors.  

* At level 4 the Commission ensures the correct enforcement of EU rules
by national governments.

The 4-level regulatory approach allows for a more flexible decision-making
process and contributes to a better quality of legislation.
The objectives and mandates of the European Parliament, the Council and
the Commission are set out in [7]the Treaty on European Union and the
Treaty on the Functioning of the European Union.
 
The objectives and mandates of EIOPA are set out in its [8]founding
regulation.
 
 
- Public awareness/confidence in the insurance industry
 
EIOPA does not hold materials with such an information.
 
Nevertheless, we would like to refer you to a recent survey of the
European Commission’s special [9]2016 Eurobarometer survey on financial
product and services.
 
 
- Involvement of the industry with the regulator
 
The dialogue between the insurance industry and the regulator is important
for both sides to take informed but independent decisions. To this end, an
Insurance and Reinsurance Stakeholder Group (IRSG) is established and
regularly consulted on regulatory or implementing technical standards,
guidelines and recommendations and on underlying impact studies. The IRSG
represents in a balanced way financial institutions, small and
medium-sized enterprises, trade unions, academics, consumers, other retail
users, and representatives of relevant professional associations. For more
details, see [10]Article 37 of the EIOPA Regulation.
 
Moreover, whenever EIOPA implements its level 3 regulatory competencies,
it seeks the industry input in advance. This can be found on EIOPA’s
webpage at:
[11]https://eiopa.europa.eu/publications/eio...
 
 
- Level of competence of insurers, agents and financial planners and what
is required to get a licence?
 
The specific competence and authorisation/registration requirements are
set out in:

* Article 42 of the [12]Solvency II Directive – for persons who
effectively run the (re-/)insurance firm or have other key functions;
* Article 48(2) of the [13]Solvency II Directive – for the actuarial
function;
* Articles 14-26 of the [14]Solvency II Directive concerning the
authorisation of (re-/)insurance firms.
* Article 10 of [15]the Insurance Distribution Directive, including
Annex I thereto – for (re-/)insurance distributors and employees of
(re-/)insurance firms doing (re-/)insurance distribution;
* Article 3 of the [16]Insurance Distribution Directive regarding the
registration requirements of (re-/)insurance distributors.

- Trends in Market growth
 
EIOPA does not have dedicated products showing the market growth
developments in the insurance sector. Nevertheless, in its [17]Financial
Stability Reports, EIOPA takes stock of the market share and stock of the
European insurance and global reinsurance sector.
 
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References

Visible links
1. https://eiopa.europa.eu/Publications/Adm...
2. https://eiopa.europa.eu/Publications/Adm...
3. https://eiopa.europa.eu/Publications/Adm...
4. https://eiopa.europa.eu/Publications/Adm...
5. https://eiopa.europa.eu/Publications/Adm...
6. https://eiopa.europa.eu/Publications/Adm...
7. http://eur-lex.europa.eu/legal-content/E...
8. http://eur-lex.europa.eu/legal-content/E...
9. http://www.google.co.uk/url?sa=t&rct...
10. http://eur-lex.europa.eu/legal-content/E...
11. https://eiopa.europa.eu/publications/eio...
12. http://eur-lex.europa.eu/legal-content/E...
13. http://eur-lex.europa.eu/legal-content/E...
14. http://eur-lex.europa.eu/legal-content/E...
15. http://eur-lex.europa.eu/legal-content/E...
16. http://eur-lex.europa.eu/legal-content/E...
17. https://eiopa.europa.eu/financial-stabil...

No sabemos si la última respuesta a esta solicitud contiene información o no – si eres Jo Davies por favor abre una sesión y háznoslo saber.