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Response to EIOPA consultation on technical advice on the integration of sustainability risks and factors in the Delegated Acts under Solvency II and IDD

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<title>Response to EIOPA consultation on technical advice on the integration of sustainability risks and factors in the Delegated Acts under Solvency II and IDD</title>
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<namePart>Insurance Europe</namePart>
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<namePart>EIOPA</namePart>
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<publisher>Insurance Europe</publisher>
<dateIssued>2019</dateIssued>
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<abstract displayLabel="Summary">The European insurance industry supports the sustainability initiatives aimed at facilitating the transition to a more sustainable economy. The sector is committed to integrate sustainability in its business model and it already does it in a number of ways, eg prevention and adaptation, loss protection/compensation and long-term financing for the economy by increasingly investing in sustainable assets.
EIOPA recognises that the integration of sustainability risks within the IDD requirements is better done through a high-level principle-based approach, and that detailed prescription could result in regulatory errors given that there are still several ongoing legislative proposals in this area</abstract>
<note type="statement of responsibility">Insurance Europe</note>
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<topic>Directiva sobre la distribución de seguros</topic>
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<topic>Solvencia II</topic>
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<topic>Análisis de riesgos</topic>
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<topic>Sostenibilidad</topic>
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<topic>Normativa comunitaria</topic>
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<topic>Legislación de seguros</topic>
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<topic>Perspectivas del seguro</topic>
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<geographic>Unión Europea</geographic>
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