Solvency II faces scrutiny over sustainability impact

greenrules_Adobe_230x150
By Jasper Cox
22 Jan 2019

The European Insurance and Occupational Pensions Authority is asking for evidence on the effects of the Solvency II regime on the sustainability of firms’ assets and liabilities. But the regulator does not believe in incentivising sustainable behaviour through capital regulations at present, an idea being discussed in the banking sector.

As part of its action plan on sustainable finance, the European Commission asked for EIOPA’s opinion on sustainability in Solvency II, in particular relating to climate change mitigation, last August. 

It has invited EIOPA to provide an opinion paper by September 30 this year.

The insurance regulator has now ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.