EIOPA has identified possible price discrimination issues in its response to the European Commission’s public consultation on Fintech11 and US regulators12 have spent time considering "price optimization" tools, which determine the premium to be charged to policyholders. The Central Bank does not have a role in the setting of premiums.
In fact, all supervisory authorities in the EU are explicitly prohibited by European law from doing so. However, we do have a role from both a conduct and prudential perspective in considering how this data is used, in both the interests of the firm and its shareholders, and its customers.