It is a good thing the Federal Constitutional Court makes the German government set clear emissions targets for the period after 2030. Insurers act when it comes to the green transformation of the economy. An article by Jörg Asmussen, Chairman...
In reaction to the European Court of Justice’s Schrems II judgment, the German business community is calling for new international data transfer standards. In the meantime, companies across all sectors need pragmatic solutions.
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.
Following a slight increase in premium volume in 2020, the year of the coronavirus, German insurers expect a major rise in income of over 2% for 2021.
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.
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