WebEIOPA Thematic Review The purpose of EIOPA’s thematic review is to gather empirical evidence on the use of Big Data by insurance undertakings and intermediaries in the following areas: Pricing and underwriting Claims management (including fraud prevention) Web• Tool of EIOPA’s framework for conduct of business supervision • Used to target a specific financial activity or product (potentially) causing: Consumer detriment / poor consumer …
Thematic Reviews - EIOPA Home
WebIn May 2024, the European Insurance and Occupational Pensions Authority (EIOPA) published its thematic review on the benefits and risks arising from the use of Big Data … WebFeb 1, 2024 · The most common objective of a thematic review is to identify and investigate one or more consumer risk (s) across a market or subsector, including how varying practices within financial services providers (FSPs) may impact a risk. A thematic review may also be used to check compliance or measure the impact of specific aspects … thinset trowel size vs tile size
CONSUMER PROTECTION ISSUES IN TRAVEL INSURANCE
WebSource: EIOPA Travel Insurance thematic review Figure 3–Average financial ratios in travel insurance vs non-life insurance as a whole 40% 24% 20% 15% 53% 17% 19% 10% 0% 10% 20% 30% 40% 50% 60% Claims ratio Commission rates Expenses Net underwritting result Travel Insurance Non-Life ON THE RISE: INTERNATIONAL … WebIn July 2024, the European Insurance and Occupational Pensions Authority (EIOPA) launched an EU-wide thematic review on Big Data. This includes a survey on the use of … WebOct 18, 2024 · EIOPA travel insurance thematic review: a warning to the travel insurance industry In a report published on 9 October 2024 – called “Thematic Review on Costumer Protection Issues in Travel Insurance” – EIOPA expressed its concerns regarding several consumer protection issues detected in the European travel insurance market. thinset to water ratio