EIOPA

Creating deeper catastrophe bond markets could help in tackling the climate insurance protection gap in Europe, according to the European Central Bank’s (ECB) Margherita Giuzio.

As we reported back in April, the European Central Bank (ECB) and the European Insurance and Occupational Pensions Authority (EIOPA) have highlighted the use of catastrophe bonds as critical to support the supply of catastrophe insurance and reinsurance across the region, while also proposing issuance is brought closer to home.

A new paper from the European Central Bank (ECB) and the European Insurance and Occupational Pensions Authority (EIOPA) highlights the potential for increased use of catastrophe bonds to support the overall supply of catastrophe insurance across the European Union (EU), as climate change threatens to widen the protection gap. According to the joint discussion paper, […]

The European Insurance and Occupational Pensions Authority (EIOPA) has published its second half-year report for 2012 on the financial stability of the insurance, reinsurance and occupational pension sectors in the European Economic Area. The report says that the financial soundness of the insurance and reinsurance sector in Europe could face a ‘significantly negative outlook’ over […]

There were some more interesting comments made at the Baden Baden kick-off event held by Guy Carpenter on Sunday. The event featured a number of key industry figures discussing volatility as a concept affecting reinsurers and whether volatility should be looked on as a threat or an opportunity. One of the participants was Carlos Montalvo, […]

The European Insurance and Occupational Pensions Authority (EIOPA), one of the three supervisory entities in the European System of Financial Supervision and responsible for the insurance, reinsurance and pensions sectors, has published its latest Financial Stability Report for the first half of 2012. The report looks at issues affecting the financial stability of the re/insurance […]