- Newslink Global Insurance Trends-The Week
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- Global reinsurance experts urge investment in open-source risk models as part of climate adaptation strategy
- J.D. Power latest study says Small US business owners have never been more satisfied with their insurance providers
- Marsh research indicates that warranty and indemnity (W&I) claims notifications across EMEA have increased significantly since 2016
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- AIR Worldwide estimates insured losses in China from Typhoon Lekima to exceed CNY6bn expired
- Prudential Asian growth continues as it prepares for demerger expired
- M&GPrudential intends to list shares under M&G plc after the demerger from Prudential plc expired
- Admiral CEO Stevens comments on latest financials expired
- AIG appoints Olsen from Munich Re as Chief Actuary, General Insurance expired
- Aspen's Cloutier comments “We continue to see improvement in our underwriting performance" at half way expired
9th June 2019
EIOPA launches consultation on a draft opinion on sustainability within Solvency II
The European Insurance and Occupational Pensions Authority (EIOPA) has launched a consultation on a draft opinion on sustainability within Solvency II. The draft opinion forms part of EIOPA's strategic activities on sustainable finance and follows a call for opinion from the European Commission. The consultation runs until 26th July 2019.
The draft opinion aims at integrating sustainability risks, in particular those related to climate change, in the investment and underwriting practices of (re)insurers. The opinion addresses the valuation of assets and liabilities, assesses current investment and underwriting practices and seeks to contribute to the integration of sustainability risks in market risks and natural catastrophe underwriting risks for the solvency capital requirements for standard formula and internal model users.
The draft opinion builds on EIOPA's Technical Advice on the integration of sustainability risks and factors in the delegated acts under the Solvency II Directive and the Insurance Distribution Directive.
EIOPA Trends(393 articles)
Solvency II Trends(1,634 mentions in Insurance Newslink)