Regulators consider capital for climate risk
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
Insurers back drive for global sustainability disclosure standards
The International Sustainability Standards Board has launched a consultation on the issue
Put climate risk in insurers' capital requirements, MEPs told
Climate risks should be explicitly dealt with in the pillar 1 (capital requirements) element of Solvency II insurance regulation, not left to pillar 2 (risk management), MEPs have been told.
Insurance Europe backs European ESG database proposal
Don't wait for regulation to act on climate, EC director tells insurers
While insurers want policy makers' help to tackle climate change, they have been told not to wait for regulation to act. Meanwhile, climate activists have urged regulators and legislators to step in, as they have no confidence in the industry's ambitions
EU 'brown' taxonomy proposals split financial sector
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
Insurance Europe cautions establishing green bond standard before finalising EU Taxonomy
Proposed standard will facilitate investors' trust in the green bond market, lobby group said
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