Archive

Insurance Europe warns against imposing climate risk scenarios in Orsas

Insurers' equity holdings could lose 25% of their value due to transition risk, EIOPA says

EIOPA proposes 'impact underwriting' to address climate risk

Insurers can contribute to climate adaptation and mitigation efforts by developing new insurance products that incentivise policyholders to mitigate insured risks - thereby implementing 'impact underwriting', the European regulator has said.

Eiopa opens consultation on insurers' sustainable KPIs

Public consultation open from 30 November to 12 January 2021

Green supporting factors "an important debate" in Solvency II review

Lower capital charges for sustainable assets is going to be "an important debate, at least from a political perspective", in the Solvency II review, according to Didier Millerot, head of the European Commission's insurance and pensions unit

Eiopa consults on climate risk scenarios in insurers' Orsas

The European Insurance and Occupational Pensions Authority (Eiopa) has published a consultation on the use of climate change risk scenarios in insurers' own risk and solvency assessments (Orsas).

Insurers say regulators have the sustainability power

JP Morgan Asset Management and Environmental Finance's sister publication Insurance Asset Risk have joined forces to understand what lies under the bonnet of insurers' responsible investment announcements. Findings were compiled in a report. We present some of the key high- level discoveries, with part one focusing on regulation. Vincent Huck reports

EIOPA calls for non-financial information to be audited

The lack of reliability and comparability of the non-financial information disclosed by companies is one of the challenges to embedding sustainability considerations in investors' risk management and other processes, according to the European Insurance and Occupational Pensions Authority (EIOPA).

Just 30% of EU pension schemes have ESG risk management strategy - EIOPA

Only about 30% of occupational pension schemes in the EU have a strategy to manage environmental, social or governance (ESG)-related risks to their investments, a stress test by the European regulator has shown.

Video: Gabriel Bernardino (Eiopa) @ Insurance Risk & Capital 2019

Gabriel Bernardino, chair of the European Insurance and Occupational Pensions Authority (Eiopa), joined Environmental Finance in London on 2 December at the Insurance & Climate Risk stream (part of the Insurance Risk & Capital EMEA conference).