EIOPA consults on streamlining insurer and pension fund reporting
The European Insurance and Occupational Pensions Authority (EIOPA) has launched a consultation inviting stakeholder feedback on potential inefficiencies, overlaps and inconsistencies in the regulatory reporting and disclosure requirements that apply to insurers and pension funds.
The initiative stems from a mandate under the amended Solvency II Directive, which requires EIOPA to report to the European Commission on potential measures for an integrated data collection system across Europe’s insurance and pensions sectors. The goals are familiar and welcome ones: reducing duplication and compliance costs, improving data standardisation, and enabling better data sharing. The work also aligns with EIOPA’s 2030 Strategy, which recognises well-structured, reusable data as a strategic asset.
Regulatory reporting for insurers and pension funds in Europe operates within a complex and layered framework, with requirements flowing from multiple sources. As these frameworks have evolved over time, inconsistencies and overlaps have inevitably crept in, making periodic reviews of this kind necessary.
How regulators define, structure and rationalise their data requirements has a direct bearing on the taxonomies and reporting standards that underpin structured data collection. Getting the foundations right matters enormously for data quality and usability downstream. Stakeholders are invited to submit responses via an online survey by 10 June 2026.
Read the discussion paper and, if applicable, respond here.
