Page 11 - தொழில் ஓய்வூதியங்கள் அதிகாரம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

DORA – Enhancing digital resilience for the financial sector and its ICT service providers is more important than ever | Allen & Overy LLP

The future of finance is digital. The increased reliance on technology in finance heightens the vulnerability of ICT systems and worsens the impact of a potential cyberattack. To this.

European banking authorityAllen overyDirective on security of networksEuropean commission theMarket authorityOccupational pensions authorityPayment services directiveEuropean commissionEuropean securitiesEuropean insuranceFinancial stability boardInformation systemGeneral data protection regulationOversight frameworkஐரோப்பிய வங்கி அதிகாரம்ஆலன் ஓவரீ

A fork in the InsurTech road? BaFin s measures disappoint, whilst EIOPA s proposals offer hope | Dentons

The German Federal Financial Supervisory Authority ( BaFin) recently published its stringent new requirements 1 for InsuranceTechs seeking authorization from the German regulator. 2 The news comes after a tumultuous year for InsuranceTechs in Germany and indeed worldwide, with investment plummeting in Q1 of 2020 3 before reaching a record high of US$7.1 billion by the end of the year. 4 Meanwhile, the European Insurance and Occupational Pensions Authority ( EIOPA) published a consultation paper on open insurance from a pan-European perspective. 5 This consultation gives hope there could be an innovation-friendly European InsuranceTech regulation in the near future. InsurTech is a term used to describe “young and tech-savvy companies”

Simon moserSusanne schierPeter thielInsurtechs neodigitalGerman federal financial supervisory authority bafinEuropean parliamentOccupational pensions authorityGerman federal financial supervisory authorityEuropean insuranceEuropean insurancetechCologne insurtechGerman insurtechsSony financial venturesApplication programming interfacesBafin licensed insurtechsAny insurtech

EU regulator to test insurers for prolonged COVID economic hit

By Reuters Staff Slideshow ( 3 images ) LONDON (Reuters) - European Union insurers will be stress tested for the impact of a prolonged COVID-19 pandemic scenario which could affect the value of their investments and business volumes. The European Insurance and Occupational Pensions Authority (EIOPA) said it will test 44 insurers and reinsurers for their resilience to the economic consequences of the pandemic and a “lower for longer” interest rate landscape. Insurers are exposed to the economic environment through the returns they can earn from investing insurance premiums, as well as from the level of demand for their products. “We are still in the middle of the crisis,” EIOPA Executive Director Fausto Parente told a media conference.

City ofUnited kingdomCarolyn cohnFausto parenteAlexander smithThomson reuters trust principlesEuropean unionOccupational pensions authorityEuropean insuranceDirector fausto parenteThomson reuters trustநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்கரோலின் கோன்ஃபாஸ்டோ பெற்றோர்அலெக்சாண்டர் ஸ்மித்

EIOPA launches its 2021 insurance stress test

News 07 May 2021 The European Insurance and Occupational Pensions Authority (EIOPA) has launched its 2021 insurance stress test for the European insurance market today. Insurance stress tests assess the resilience of the European insurance market in case of adverse financial and economic conditions and identify the market’s vulnerabilities. The 2021 stress test focuses on a prolonged COVID-19 scenario - in a “lower for longer” interest rate environment. The scenario, developed in cooperation with the European Systemic Risk board (ESRB), will assess the impact of economic consequences of the COVID-19 pandemic, which affect confidence worldwide and prolong the economic contraction. The stress test will evaluate both the impact on the capital and the liquidity position of the undertakings in scope.

Occupational pensions authorityEuropean insuranceEuropean systemic riskEuropean economic areaதொழில் ஓய்வூதியங்கள் அதிகாரம்ஐரோப்பிய காப்பீடுஐரோப்பிய முறையான ஆபத்துஐரோப்பிய பொருளாதார பரப்பளவு

EU regulator to test insurers for prolonged COVID economic hit

EU regulator to test insurers for prolonged COVID economic hit
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Fausto parenteEuropean unionOccupational pensions authorityEuropean insuranceDirector fausto parenteஃபாஸ்டோ பெற்றோர்ஐரோப்பிய தொழிற்சங்கம்தொழில் ஓய்வூதியங்கள் அதிகாரம்ஐரோப்பிய காப்பீடு