ACME
Association of European Cooperative and Mutual Insurers
ADR
alternative dispute resolution
AFM
Association of Financial Mutuals
AFME
Association for Financial Markets in Europe
AI
artificial intelligence
AIA
Artificial Intelligence Act
AIM
International Association of Mutual Benefit Societies
AIMA
Alternative Investment Management Association
AISAM
Association Internationale des Sociétés d’Assurance Mutuelle
AMICE
Association of Mutual Insurers and Insurance Cooperatives in Europe
ARGE
German Mutual Insurance Association
BIPAR
European Federation of Insurance Intermediaries
CBBA
Cross Border Benefits Alliance
CCAM
Cooperative, connected and automated mobility
CEO
Chief Executive Officer
CFO Forum
Chief Financial Officers’ Forum
CMU
Capital Markets Union
CSR
corporate social responsibility
CSRD
Corporate Sustainability Reporting Directive
DBPP
Defined benefit pension plan
DEA
draft endorsement advice (from EFRAG)
DG FISMA
Directorate General for Financial Stability, Financial Services and Capital Markets Union, European Commission
DG GROW
Directorate General for internal market, industry, entrepreneurship and SMEs
DG TAXUD
Directorate General for Taxation and Customs Union
DORA
Digital Operational Resilience Act
EACB
European Association of Cooperative Banks
EASME
Executive Agency for Small and Medium-sized Enterprises, European Commission
EBF
European Banking Federation
ECA
European Court of Auditors
ECB
European Central Bank
ECOFIN
Economic and Financial Affairs Council
ECON
Economic and Monetary Affairs Committee, European Parliament
EDPB
European Data Protection Board
EESC
European Economic and Social Committee
EFAMA
European Fund and Asset Management Association
EFIF
European Forum for Innovation Facilitators
EFRAG
European Financial Reporting Advisory Group
EFRAG IAWG
European Financial Reporting Advisory Group, Insurance Accounting Working Group
EFRAG TEG
European Financial Reporting Advisory Group, Technical Expert Group
EIOPA
European Insurance and Occupational Pensions Authority
ESG
environmental, social and governance
ESA
European Supervisory Authority
ESAP
European Single Access Point
ESMA
European Securities and Markets Authority
ESRS
European Sustainability Reporting Standards
EU GBS
European Union Green Bond Standard
G20
Group of Twenty – international forum for the governments and central
GAAP
Generally Accepted Accounting Principles
GDPR
General Data Protection Regulation
GFIA
Global Federation of Insurance Associations
HAEU
Historical Archives of the European Union
HLEG
high-level expert group
IAIS
International Association of Insurance Supervisors
IASB
International Accounting Standards Board
IASB TRG
International Accounting Standards Board, Transition Resource Group
IAWG
Insurance Accounting Working Group (EFRAG)
IBIP
insurance based investment product
ICMIF
International Cooperative and Mutual Insurance Federation
IDD
Insurance Distribution Directive
IFRS
International Financial Reporting Standards
IGS
insurance guarantee schemes
IMCO
European Parliament’s Internal Markets Committee
IORP
Institutions for occupational retirement provision
Insurance Europe
European insurance and reinsurance federation
IRRD
Insurance Recovery and Resolution Directive
IRSG
Insurance and Reinsurance Stakeholder Group, EIOPA
JURI
European Parliament legal affairs committee
KID
key information document
KPI
Key Performance Indicator
LARG
Latin American Association for Reinsurance Education
LEI
Legal Entity Identifier
MAIF
Mutuelle d’Assurance des Instituteurs de France
MEP
Member of the European Parliament
MID
Motor Insurance Directive
MoU
Memorandum of Understanding
MCCO
mutuals, cooperatives and community-based organisations
NCA
National Competent Authority
NFRD
Non-Financial Reporting Directive
ODR
Online Dispute Resolution
OECD
Organisation for Economic Cooperation and Development
OPSG
Occupational Pensions Stakeholder Group, EIOPA
ORSA
Own Risk and Solvency Assessment
PBS
pension benefit statement
PEPP
Pan European Personal Pension
PPP
personal pension product
PRA
Prudential Regulation Authority
PRIIPS
packaged retail and insurance-based investment products
QRT
quantitative reporting template
ROAM
French association of mutual and SME insurers
SAM
symmetric adjustment mechanism
SCR
Solvency Capital Requirement
SCRR
Solvency Capital Requirement Review
SEE
Social Economy Europe
SFCR
Solvency and Financial Condition Report
SFDR
Sustainable Finance Disclosure Regulation
SME
small to medium-sized enterprise
SSDC
Sectoral Social Dialogue Committee
TEG
Technical Expert Group
UCITS
Undertakings for Collective Investment in Transferable Securities Directive
UFR
ultimate forward rate
UNESCO
United Nations Educational, Scientific and Cultural Organisation
VFA
variable fee approach