First in the series of blog posts that are to shed more light on the multitude of different changes in the Solvency 2 framework that are to arise from the solvency 2020 review. On the basis of EIOPAs…
Climate change poses a serious risk for society and for (re)insurers, with the harmful impact of global warming already being visible. Without further international climate action, global average…
The European Commission has conducted a comprehensive review of the Solvency II Directive, based on the work of EIOPA. The proposed changes have been submitted to the European Parliament and Council…
We welcome the proposal by the EU to create a harmonised resolution regime via an Insurers Recovery and Resolution Directive. This will end the fragmented landscape of national resolution legislation…
This article discusses the significant amendments to the Solvency II directive, a comprehensive review published by the European Commission (EC) in September 2021. The amendments, proposed after…
A number of EU member states, including Ireland, France and Germany, have already established domestic recovery and resolution planning requirements. However, many others lack such specific…
The Corporate Sustainability Reporting Directive (CSRD), effective in the EU since January 2023, marks a pivotal shift in corporate sustainability reporting, supplanting the Non-Financial Reporting…
MANAGING YOUR INTEREST RATE RISK RIGHT
IRRBB MANAGING YOUR INTEREST RATE RISK RIGHT Following a long period of record lows, the recent rise in interest rates has been the fastest in decades. Amid…
