Public Debate on Solvency II Proportionality Framework, 1 July 2026
Summary
EIOPA announces a public debate on 1 July 2026 (09:30–12:30 CEST, online only) regarding the new proportionality framework under the revised Solvency II Directive. The event will cover the introduction of a Small and Non-Complex Undertakings (SNCU) category based on quantitative and qualitative criteria, as well as supervisory discretion for proportionality measures outside formal SNC criteria. NCAs will share implementation experience, and EIOPA will present technical specifications for SNC criteria calculations and expected market impact.
About this source
GovPing monitors EIOPA Media for new insurance regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 22 changes logged to date.
What changed
EIOPA has announced a public debate on 1 July 2026 dedicated to the new proportionality framework introduced under the revised Solvency II Directive. The framework introduces a new category of Small and non-complex undertakings (SNCUs) and groups (SNCGs), identified based on quantitative and qualitative criteria required consistently over two consecutive financial years. Additionally, supervisory authorities retain discretion to grant or withdraw proportionality measures to undertakings that do not formally meet SNC criteria but demonstrate a risk profile justifying proportionate treatment.
Insurers and reinsurers should monitor this event as it will present EIOPA's technical specifications for SNC criteria calculations and expected market impact. Compliance teams at smaller insurers should evaluate whether they may qualify for SNC status or discretionary proportionality measures, which could reduce regulatory burden. National Competent Authorities will share practical implementation experience, providing insight into how the framework will be applied across EU jurisdictions.
Scheduled event
- Date
- 2026-07-01 at 09:30 – 12:30
- Location
- Virtual
Archived snapshot
Apr 27, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
EIOPA is pleased to announce a public event dedicated to the new proportionality framework introduced under the revised Solvency II Directive, taking place on 1 July 2026.
The recent review of the Solvency II Directive marks an important step towards enhancing the effective application of the proportionality principle within the prudential framework for European (re)insurers. The new framework is designed to ensure that regulatory requirements are effectively applied in a manner that appropriately reflects the nature, scale, and complexity of risks faced by undertakings. For those eligible, this will lead to a more proportionate application of key quantitative and qualitative requirements.
Through this event, EIOPA aims to engage with stakeholders (i.e. industry, Supervisors, etc.) on the full scope of the new proportionality framework. The event will also feature contributions from National Competent Authorities (NCAs), who will share their practical experience in implementing the framework.
On the one hand, the event will explore the introduction of a new category of small and non-complex undertakings (SNCUs) and groups (SNCGs). These entities are identified based on a defined set of quantitative and qualitative criteria, which must be met consistently over two consecutive financial years. EIOPA will also use this opportunity to present its recently published technical specifications for the calculation of these criteria and the expected impact on the market.
On the other hand, the framework also empowers supervisory authorities to grant (or withdraw) proportionality measures to undertakings that do not formally meet the SNC criteria but demonstrate a risk profile that justifies a proportionate treatment. In this context, EIOPA will provide an overview of the key conditions for granting such measures, in line with the EIOPA advice on proportionality and the revised Solvency II Delegated Regulation.
Further details on the agenda and registration will follow soon.
In a meanwhile, please save the date in your calendars.
- banking policy
- Wednesday 1 July 2026, 09:30 - 12:30 (CEST)
- Online only
Practical information
When Wednesday 1 July 2026, 09:30 - 12:30 (CEST) Where Online only Languages English
Description
For questions about the event, please contact the EIOPA Training & Events team at training&events
eiopa [dot] europa [dot] eu.
Related events
Training and workshops
Workshop Towards Fair Insurance for Consumers with Diabetes and HIVPublic debates
Post-public consultation event with stakeholders on the ITS amendments on reporting and disclosureOnline only
Public debates
Webinar on ESMA’s and EIOPA’s Annual Cost and Past Performance Report
See all
Share this page
Mentioned entities
Related changes
Get daily alerts for EIOPA Media
Daily digest delivered to your inbox.
Free. Unsubscribe anytime.
About this page
Every important government, regulator, and court update from around the world. One place. Real-time. Free. Our mission
Source document text, dates, docket IDs, and authority are extracted directly from EIOPA.
The summary, classification, recommended actions, deadlines, and penalty information are AI-generated from the original text and may contain errors. Always verify against the source document.
Classification
Who this affects
Taxonomy
Browse Categories
Get alerts for this source
We'll email you when EIOPA Media publishes new changes.
Subscribed!
Optional. Filters your digest to exactly the updates that matter to you.