On 17 February 2015, Insurance Europe published its final response to the ESA's (European Supervisory Authorities) November 2014 discussion paper on key information documents (KIDs) for packaged retail and insurance-based investment products (PRIIPs). The aim of the KID is to help retail investors better understand and compare PRIIPs, by being provided with accurate, fair and clear pre-contractual information in a standard form. Amongst other matters, Insurance Europe believes that it is important to apply a clear and comparable cost indicator and clearly distinguish between costs and premiums, and to avoid confusing duplication of pre-contractual information, e.g. under Solvency II, IMD2 and the PRIIPs Regulation.