EIOPA Seeks Input on Insurer/Pension Data Collection

EIOPA Media

Published March 13th, 2026

Detected March 18th, 2026

Summary

EIOPA has launched a consultation seeking stakeholder input on improving data collection for insurers and pension funds. The feedback will inform a report to the European Commission on streamlining regulatory reporting and reducing compliance costs.

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What changed

EIOPA has initiated a public consultation to gather feedback on potential inefficiencies, overlaps, and inconsistencies within the current regulatory reporting and disclosure requirements for insurance and pension sectors across the EU. This initiative stems from a mandate under the amended Solvency II Directive to explore measures for an integrated data collection system, aiming to reduce duplication, improve data standardization, and lower compliance burdens. The consultation specifically examines the current reporting landscape, noting fragmentation in data collection for occupational retirement provision institutions (IORPs) compared to the more harmonized insurance sector.

Regulated entities, including insurers and pension funds, are invited to respond to the discussion paper by June 10, 2026, via an online survey. They are encouraged to provide concrete examples of encountered inconsistencies and duplications. The responses will be crucial in shaping EIOPA's final report to the European Commission, which may lead to future changes in data collection mandates and reporting obligations. While this consultation itself is non-binding, the outcomes could significantly impact future compliance requirements and operational processes for affected institutions.

What to do next

Review EIOPA's discussion paper on integrated data collection for insurers and pension funds.
Submit feedback and concrete examples of reporting inconsistencies/duplications via the online survey.
Assess current data collection processes for potential inefficiencies and alignment with proposed streamlining efforts.

Source document (simplified)

The European Insurance and Occupational Pensions Authority (EIOPA) launched today a consultation to gather feedback from stakeholders on potential inefficiencies, overlaps and inconsistencies in regulatory reporting and disclosure requirements, as well as on possible solutions to address them. The responses received will inform EIOPA’s work on a final report to the European Commission.

As part of the amended Solvency II Directive, EIOPA has been mandated to produce a report on potential measures for an integrated data collection system for Europe’s insurance and pensions sectors that would reduce duplications and inconsistencies, improve data standardisation and data sharing, and reduce compliance costs. These objectives align with EIOPA’s past and ongoing efforts to reduce administrative burdens for supervisors and undertakings, and reflect its recognition of well-structured, reusable data as a strategic asset in EIOPA’s 2030 Strategy.

The Discussion Paper published today provides an overview of the current reporting landscape for insurers and institutions for occupational retirement provision (IORPs) and examines potential ways to streamline and harmonize reporting requirements. It notes that while Europe’s insurance sector has a mature, well-harmonized and deeply integrated reporting system, data collection for IORPs remains fragmented.

Go to the Discussion Paper

Consultation process

EIOPA invites stakeholders to respond to the questions set out in the discussion paper and to provide concrete examples of instances where they faced inconsistencies and/or duplications when reporting data. Feedback should be provided via the dedicated online survey no later than June 10, 2026.