+Article 77f 3.

Article 77f 3.

Based on the opinion submitted by EIOPA, referred to in paragraph 2, the Commission shall submit a report to the European Parliament and to the Council by 1 January 2021, or, where appropriate, earlier. The report shall focus, in particular, on the effects on:

(a) 

policy holder protection;

(b) 

the functioning and stability of European insurance markets;

(c) 

the internal market and in particular the competition and the level playing field in European insurance markets;

(d) 

the extent to which insurance and reinsurance undertakings continue to operate as long-term investors;

(e) 

the availability and pricing of annuity products;

(f) 

the availability and pricing of competing products;

(g) 

long-term investment strategies by insurance undertakings in relation to products to which Articles 77b and 77c are applied relative to those in relation to other long-term guarantees;

(h) 

consumer choice and consumer awareness of risk;

(i) 

the degree of diversification in the insurance business and asset portfolio of insurance and reinsurance undertakings;

(j) 

financial stability.

In addition, the report shall build on the supervisory experience relating to the application of Articles 77a to 77e and 106, Article 138(4) and Articles 304, 308c and 308d, including the delegated or implementing acts adopted pursuant thereto.

1. Prezentare generală

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1.1 Referințe

1.2 Cerințe identificate

1.3 Standarde asociate

2. Cerințe identificate

Cerințe

3. Standarde asociate

Standarde