Management and technology consultancy BearingPoint has found that significant additional effort will be needed to adapt existing Solvency II reporting software to the newest requirements published July 10, 2012, by the European Insurance and Occupational Pensions Authority (EIOPA). EIOPA released its latest set of Solvency II 'reporting and disclosure requirements' for insurance undertakings and insurance groups in response to the feedback from its most recent public consultation on Pillar 3, which began in Q4 2011. BearingPoint analysed the report findings to assess the impact on implementation effort. While on the surface, the fundamental data to be reported remains the same, a cell-by-cell analysis reveals additional complexity - due to new report views that need to be generated, as well as changes to layouts on existing reports.