European Insurance and Occupational Pensions Authority has issued a letter to EU institutions on AI Act and EU Insurance legislation proposal for clarifying application of the AI Act. This document, agreed upon by the EIOPA Board of Supervisors on 24 March 2026, aims to ensure a coordinated and consistent implementation of the EU AI Act across the insurance sector without creating unnecessary regulatory burdens. EIOPA specifically advocates for the exclusion of generalised linear models (GLMs)—such as linear and logistic regressions—and generalised additive models (GAMs) from the “high-risk” classification under Annex III when used for risk assessment and pricing in life and health insurance. The authority argues that these models are inherently transparent, well-established since the 1980s, and lack the “black-box” characteristics of complex AI, making their inclusion in high-risk requirements a drain on finite supervisory resources without providing added consumer value. To facilitate this, EIOPA proposes formal amendments to the “Digital Omnibus on AI” that would explicitly exempt these models under human supervision and establish a structured role for European Supervisory Authorities (ESAs) to provide input on future AI guidelines to avoid duplication with existing frameworks like Solvency II and DORA.
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