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Financial institutions need to improve how they explain why they do not consider the adverse impacts of their investment decisions, EU regulators have said.

About 30% of Eurozone insurers' investments are highly dependent on nature, according to analysis of about €2.3 trillion ($2.5 trillion) of insurers' investments in corporate bonds and equity.

The European Insurance and Occupational Pensions Authority (Eiopa) has launched free software in a bid to help bring climate and natural catastrophe modelling to a wider range of users.

The creation of a pan-EU public scheme for "less frequent, large-scale disasters" could complement existing insurance offerings and contribute to closing the climate insurance protection gap, two major European supervisors have said.

EIOPA has welcomed what it called a convergence of the definition of financial materiality in EU and international sustainability standards.

Europe's insurance authority explains its plans to address greenwashing, including how the term is defined and what measures it intends to take to prevent it, in this Q&A with Joshua Geer

Insurance regulators are keen to ensure their prudential frameworks properly incorporate climate risk. But whether this should be reflected in capital requirements is proving a difficult question to answer, as Christopher Cundy reports

The European Commission has asked the European Supervisory Agencies (ESAs) to provide reports within two years on the extent of 'greenwashing' in the bloc's financial markets and the potential policies it could use to tackle the risks.

The European Insurance and Occupational Pensions Authority (Eiopa) has published additional guidance on how insurers can assess climate change risks in their own risk and solvency assessments (Orsas).