January 23
2022
download app
download appDOWNLOAD OUR APP
download google-play
download app-store
Daniel Sarmiento
share
7th January 2022
Banking & Finance Consumer, Health & Environment Internal Market

EIOPA’s first report on the application of the Insurance Distribution Directive now published

The European Insurance and Occupational Pensions Authority (EIOPA) published yesterday its first report on the application of the Insurance Distribution Directive (IDD). In its report, EIOPA highlights that the IDD has had an overall positive impact on how insurance is distributed to consumers, but the agency admits that some difficulties have arisen in applying the demands-and-needs test, as well as in the sale of unit-linked life insurance products and mortgage and consumer credit protection policies.

The report points out to a decrease in the number of registered intermediaries over the period from 2016 to 2020, although the number of intermediaries with a passport to carry out cross-border business, has increased in most Membe

×

Your privacy is important for us

We use cookies to improve the user experience. Please review privacy preferences.

Accept all Settings

Check our privacy policy and cookies policy.

Cookies