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Summary of regulatory developments: Updates for January 2025

10 February 2025

This report reviews regulatory updates in January for life insurance companies in Europe. We note items published by the European Insurance and Occupational Pensions Authority (EIOPA), Prudential Regulation Authority (PRA), Financial Conduct Authority (FCA), and European Supervisory Authorities (ESAs). We reference published items such as:

  • The ESAs’ report on major information and communication technology incident reporting by financial entities
  • EIOPA’s 2024 Consumer Trends Report
  • EIOPA’s technical advice on the implementation of the new proportionality framework under Solvency II
  • PRA’s letter on Insurance Supervision: 2025 priorities
  • FCA’s response to government call for regulators to support growth

About the Author(s)

Mirakh Modasia

Monique Mahabir

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