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ARTICLE · 18 AUGUST 2022

Insurance Newsletter – Issue No. 5

The European Insurance and Occupational Pensions Authority ("EIOPA") has launched a three-month long public consultation regarding a draft supervisory statement on differential pricing practices.

European UnionInsurance

EIOPA Launches Public Consultation on Supervisory Statement on Differential Pricing Practices

The European Insurance and Occupational Pensions Authority ("EIOPA") has launched a three-month long public consultation regarding a draft supervisory statement on differential pricing practices.

Through this consultation EIOPA aims to strengthen consumer protection by putting an end to discriminatory consumer treatment and to promote increased unity in the supervision of differential pricing practices. Although EU legislation allows for some forms of differential price practices, EIOPA believes that some of the practices being implemented fall short of complying with the applicable framework, leading to the unfair treatment of customers.

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