EIOPA has proposed a new method for calculating the long-term interest rate under Solvency II. This could hamper long-term investments made by insurers und therefore weaken their role as capital providers for important EU projects such as the...
German insurers are looking for allies on the path to climate-neutral investment by 2050: GDV is now the first insurance association in Europe to become a supporter of the global Net-Zero Asset Owner Alliance.
The Presidential Board of the German Insurance Association (GDV) has adopted a position paper whereby the insurance industry commits to the sustainable transformation of business and society. It contains some far-reaching decisions.
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.
The EU Commission plans to establish rules for the use of artificial intelligence (AI). German insurers are lobbying for reasonable regulation in a 10-point paper – and they object to being classified as a high-risk application.