Archive

EU Omnibus can simplify rules and boost sustainability, says Insurance Europe

Insurance Europe has emphasised its support for the European Commission's efforts to simplify sustainability regulations and enhance competitiveness through its first 'Omnibus' package.

Investment groups urge EU to delay changes to SFDR

European investment groups have urged the European Commission to delay proposed changes to the Sustainable Finance Disclosure Regulation (SFDR), as they warned of a risk to investor confidence in the regime and to the reliability of disclosures.

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.

News round-up : BoE climate policy adjustment, EU ESG data tool support, Rio Tinto surprise vote backing and hellip; and more

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

Insurance Europe warns against imposing climate risk scenarios in Orsas

EU 'brown' taxonomy proposals split financial sector