Regulators open consultation on free EU database
EIOPA proposes capital charges on fossil fuel assets
Fossil fuel-related stocks and bonds pose higher market risks to insurers that could be mitigated via additional capital charges on these assets, the European Insurance and Occupational Pensions Authority (EIOPA) has suggested.
EIOPA proposes four principles to prevent greenwashing in insurance
The European Insurance and Occupational Pensions Authority (EIOPA) has today opened a consultation on its draft opinion on sustainability claims and greenwashing.
Financial institution SFDR reports fail to explain adverse impacts, regulators say
Financial institutions need to improve how they explain why they do not consider the adverse impacts of their investment decisions, EU regulators have said.
30% of insurers' investments highly dependent on nature, EIOPA says
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.
Eiopa launches free app to help with physical climate risk modelling
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.
ECB and EIOPA call for EU wide natural disaster insurance scheme
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 welcomes growing 'convergence' of ISSB and EU standards
EIOPA has welcomed what it called a convergence of the definition of financial materiality in EU and international sustainability standards.
Eiopa: how we plan to stop insurers greenwashing
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