Sustainability

EIOPA assesses European insurers’ exposure to physical climate change risks

The report presents the first results based on a large data collection exercise from the industry. It focuses on property, content and business interruption insurance against windstorm, wildfire, river flood and coastal flood risks. These risks have been identified as the most relevant and...

Discussion paper on physical climate change risks

Building on its ambitious agenda for sustainable finance, and in particular on the sensitivity analysis of asset-side transition risks published in 2020, EIOPA launched a follow-up exercise on physical risks in the second half of 2021. This discussion paper presents the first results of this...

Mandate to the ESAs to develop SFDR regulatory technical standards on principal adverse impacts indicators

Mandate to the ESAs to develop SFDR regulatory technical standards on product exposures to gas and nuclear activities

Consultation on sustainability disclosures for Simple, Transparent and Standardised securitisations

The European Supervisory Authorities (EBA, EIOPA and ESMA) published a Consultation Paper seeking input on draft Regulatory Technical Standards (RTS) on the content, methodologies and presentation of information in respect of the sustainability indicators for Simple, Transparent and Standardised...

ESAs consult on sustainability disclosures for Simple, Transparent and Standardised securitisations

Today the European Supervisory Authorities (EBA, EIOPA and ESMA) published a Consultation Paper seeking input on draft Regulatory Technical Standards (RTS) on the content, methodologies and presentation of information in respect of the sustainability indicators for Simple, Transparent and...

EIOPA consults on draft Guidelines on integrating the customer’s sustainability preferences in the suitability assessment under the IDD

The European Insurance and Occupational Pensions Authority (EIOPA) has launched today a public consultation on draft Guidelines on integrating the customer’s sustainability preferences in the suitability assessment under the IDD. The Guidelines stem from Commission Delegated Regulation (EU) 2021/...

Public consultation on draft Guidelines on integrating the customer’s sustainability preferences in the suitability assessment under the IDD

EIOPA’s draft Guidelines provide guidance on:

How to help customers better understand the concept of “sustainability preferences” and their investment choices;
The collection of information on sustainability preferences from customers;
How to match customer

Workshop on Data Collection on the Prudential Treatment of Climate-Related Adaptation Measures in Non-Life Insurance

Following EIOPA’s recent pilot exercise on climate change adaptation in non-life underwriting and pricing, EIOPA has launched a data collection to assess the potential for a dedicated Pillar 1 treatment of climate-related adaptation measures in Solvency II’s standard formula for non-life...

Climate stress test for the occupational pensions sector 2022

In 2022, the European Insurance and Occupational Pensions Authority (EIOPA) carries out its first climate stress test to gain insights into the effects of environmental risks on the European occupational pension sector. Sustainability and the management of environmental risks have become key...