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IDD Sustainability Delegated Regulation
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Title (English)
Title (German)
Kind
Approval
Due Diligence
Governance
Other
Record Keeping
Reporting
Stakeholder Engagement
Frequency
Annual
Biennial
Continuous
Event-triggered
Monthly
One-time
Other
Quarterly
Weekly
Check frequency
Annual
Biennial
Continuous
Event-triggered
Monthly
One-time
Other
Quarterly
Weekly
Rule set
Regulation-wide (no rule set)
Insurance product manufacturers
Insurance distributors
Insurance intermediaries and insurance undertakings for investment products
Complexity (0–5)
Business functions
Communications
Compliance
Executive
Finance
Human Resources
Legal
Operations
Other
Procurement
Product
Sales
Sustainability
Description (English)
Continuously monitor and regularly review insurance products to identify events that could materially affect their main features, risk coverage or guarantees, and assess continued consistency with the target market and distribution to that market.
Description (German)
Versicherungsprodukte kontinuierlich überwachen und regelmäßig überprüfen, um Ereignisse mit möglichen wesentlichen Auswirkungen auf Hauptmerkmale, Risikodeckung oder Garantien zu erkennen und die fortbestehende Vereinbarkeit mit dem Zielmarkt sowie die Verteilung an den Zielmarkt zu beurteilen.
Affected products/services (English)
Insurance products placed on the market
Affected products/services (German)
Auf dem Markt befindliche Versicherungsprodukte
Checking responsibility (English)
Manufacturers of insurance products
Checking responsibility (German)
Hersteller von Versicherungsprodukten
Check method (English)
Continuous monitoring and regular review for material events and continued target-market consistency.
Check method (German)
Kontinuierliche Überwachung und regelmäßige Überprüfung auf wesentliche Ereignisse und fortbestehende Zielmarktvereinbarkeit.
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