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Insurance Europe comments to the EIOPA opinion on sustainability within Solvency II

Recurso electrónico / Electronic resource
Section: Electronic documents
Title: Insurance Europe comments to the EIOPA opinion on sustainability within Solvency II / Insurance Europe
Publication: Brussels : Insurance Europe, [2019]Physical description: 22 p.Series: (Position paper)Notes: Sumario: The European insurance industry supports the transition to a more sustainable economy and is committed to integrating sustainability further into its business model. Current examples of sustainable practices by insurers include: prevention and adaptation, loss protection/compensation and long-term sustainable financing of the economy by increasingly investing in sustainable assets. The current Solvency II framework is not a barrier to the integration of sustainability. In particular, sustainability risks are incorporated into the current Solvency framework, through an undertaking's risk management, governance and the own risk and solvency assessment (ORSA). In this context, it is key to highlight that Solvency II should focus primarily on sustainability risks that are relevant for their economic and financial standing.Materia / lugar / evento: Directiva sobre la distribución de seguros Solvencia II Análisis de riesgos Sostenibilidad Normativa comunitaria Legislación de seguros Perspectivas del seguro Unión Europea Otros autores: Insurance Europe
EIOPA
Secondary series: Position paper Other categories: 214