The energy revolution would not be possible were it not for the risk protection offered by insurance. Clean energies have also changed the nature of engineering insurers’ business, accounting for almost a fifth of their premiums.
With regard to Solvency II, the European Insurance and Occupational Pensions Authority (EIOPA) proposes exclusions for smaller insurers and easing the rules under certain conditions. That is a step in the right direction – but it shouldn’t stop...
UK insurers have transferred an estimated 29 million policies to the EU since the Brexit decision. They aim to gain market share over the long term – regardless of the nature of future UK-EU ties.
At the level of the OECD, almost 140 states are working on a consensus solution for the tax challenges of the digitalisation of the economy. The GDV supports the effort, but has concerns about several topics.