Eiopa calls for 80-year lens on climate risk in solvency calculations
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free trial
  • Log in

Eiopa calls for 80-year lens on climate risk in solvency calculations

Laura Board
19 April 2021
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email

The European Insurance and Occupational Pensions Authority (Eiopa) has called for carriers to factor in climate risk stretching forward to the end of the century in their risk and solvency assessments (Orsa) within the Solvency II framework.

In an opinion following a consultation, Eiopa said national supervisory authorities should expect insurers to integrate climate risk into governance, risk management and the Orsa solvency calculation over the long term and short term.

Eiopa

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Regulation
LB
Laura Board
Gift this article