EIOPA published a supervisory statement on the authorization and ongoing supervision of (re-)insurance undertakings related to private equity. In the document, EIOPA sets out its “supervisory expectations” vis-à-vis the national competent authorities to ensure high-quality and convergent supervision of (re-)insurance undertakings related to PE firms, considering their specific nature and risks.

Our Insurance Focus Team outlines the main issues and impacts of the supervisory statement in the document available here.