EIOPA published a document on “Business model sustainability and adequate product design identified as new strategic supervisory priorities for national supervisors”.
The selection of the analysis of business model sustainability and adequate product design in the context of the COVID-19 crisis and the prolonged low-yield environment will ensure that risks and supervisory concerns in these two areas are addressed simultaneously by NCAs across the European Union and thereby ensuring greater protection for all policyholders and beneficiaries as well as and the orderly functioning of the insurance and occupational pensions markets.
Read more at EIOPA’s website.