On March 27, 2019, the European Insurance and Occupational Pensions Authority (EIOPA) published a report looking at outsourcing to the cloud by (re) insurers. In addition to outlining EIOPA’s plans to provide guidance for (re)insurers that outsource to cloud service providers, the EIOPA report provides an overview of cloud computing and market practices in the European Union (EU), drawing on feedback from National Supervisory Authorities (NSAs).
