Council Implementing Decision (EU) 2021/879 of 27 May 2021 on the appointment of the Chair of the European Insurance and Occupational Pensions Authority (EIOPA): what it means for Insurance
The Council Implementing Decision (EU) 2021/879 of 27 May 2021 on the appointment of the Chair of the European Insurance and Occupational Pensions Authority (EIOPA) is part of the EU rulebook for insurance. Its subject matter covers insurance — core to the sector.
Council Implementing Decision (EU) 2021/879 of 27 May 2021 on the appointment of the Chair of the European Insurance and Occupational Pensions Authority (EIOPA) is on the Insurance rulebook because its official title matches insurance. Source: EUR-Lex and the European Parliament procedure file; company-specific applicability still depends on your activities.
What the act does
The European Parliament decided, by 643 votes to 6 with 47 abstentions, to approve the appointment of Petra Hielkema as Chair of the European Insurance and Occupational Pensions Authority. On 6 May 2021, the Council proposed to appoint Petra Hielkema as Chairperson of the European Insurance and Occupational Pensions Authority for a five-year term. On 10 May 2021, the Committee on Economic and Monetary Affairs held a hearing with the candidate, during which she made an opening statement and then answered questions put by members of the committee.
Why it matters for Insurance
Insurers and reinsurers operate under the EU's prudential and conduct framework — Solvency capital requirements, distribution rules and policyholder protection. These are the core acts.
Council Implementing Decision (EU) 2021/879 of 27 May 2021 on the appointment of the Chair of the European Insurance and Occupational Pensions Authority (EIOPA) sits in that rulebook because its subject matter covers insurance. Whether — and how — it applies to a given business depends on that business’s activities, products and markets.
The rest of the Insurance rulebook
Every other EU file in scope for Insurance.
Primary sources
The act’s summary is the European Parliament’s own procedure record; the sector connection is the act’s stated subject matter. Lex shows the law and the grounded connection — not legal advice. Data © European Union (Decision 2011/833/EU). Methodology.
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