Viewpoint: Why Speedy Payouts Matter in EU Plan to Close Insurance Protection Gap May 14, 2026 By Ross Sinclair Executive summary: With plans for an EU natural disaster insurance fund in the works, EIP’s founder and CEO Ross Sinclair...
Europe’s Insurers May Face New Capital Rules for Climate Risk January 31, 2025 By Gautam Naik Europe’s insurance watchdog has called for a recalibration of capital requirements to reflect rising climate-driven disasters across the continent. The...
EU Regulators Set Out Ideas to Help Plug Climate ‘Insurance Gap’ April 24, 2023 By Huw Jones Issuing “catastrophe bonds” and setting up public-private partnerships could help plug the “insurance gap” to better cover damage from climate...
Climate Change Could Cost Pension Funds Billions of Euros: EU Watchdog December 14, 2022 By Huw Jones Pension funds across the European Union would lose billions of euros from their investments in polluting industries without action to...
EU Regulator Says Insurers Could Face Climate Stress Tests as Soon as 2023 November 4, 2021 By Carolyn Cohn and Huw Jones LONDON – Insurers could face European climate stress tests as soon as 2023, the head of the EU’s insurance regulator...
Solvency II Capital Rules for Insurers Need Changing: EU Watchdog December 17, 2020 By Huw Jones The European Union’s capital rules for insurers need changing to reflect low interest rates and provide stronger intervention powers like...
COVID-19 Pandemic to Intensify Risks for Insurers: EU Regulator July 30, 2020 Insurers in the European Union are confronted with risks on several fronts that are intensified by the COVID-19 pandemic, and...
SCOR CEO Takes 30% Bonus Cut; 2019 Dividend Scrapped on COVID-19 Crisis May 26, 2020 By L.S. Howard French reinsurer SCOR announced that its Chairman & CEO Denis Kessler will receive 30% less in his annual variable compensation...
National Governments Must Help Provide Insurance for Future Lockdowns: EU Regulator May 11, 2020 By Huw Jones National governments must help provide insurance cover for future lockdowns, the industry’s European Union regulator said on Monday, as the...
Growing Number of UK Insurers Cancel Dividends Amid COVID-19 Concerns April 8, 2020 By Sinead Cruise and Muvija M British insurers canceled more than 1 billion pounds ($1.2 billion) of dividends on Wednesday, in moves welcomed by the Bank...