EIOPA and ECB call for increased uptake of climate catastrophe ...
Apr 24, 2023 · The European Insurance and Occupational Pensions Authority (EIOPA) and the European Central Bank (ECB) today published a joint discussion paper on how to better insure households and businesses in the European Union against climate-related natural catastrophes such as floods or wildfires.
Natural catastrophes and Insurance: Managing Risk and Building ...
Apr 10, 2025 · In a new joint paper, EIOPA and the ECB highlight how individual insurers and consumers often fail to factor in the broader economic benefits of insurance. [5] Combined with the expectation that governments and EU Member States will cover losses after disasters, insufficient insurance coverage slows recovery from disasters, burdens fiscal ...
ECB and EIOPA propose European approach to reduce economic …
Dec 18, 2024 · Building on existing national and EU structures, the ECB and EIOPA propose a possible EU-level solution composed of two complementary pillars: An EU public-private reinsurance scheme to increase the insurance coverage for natural catastrophe risk.
EIOPA and ECB joint paper: Towards a European system for …
Dec 18, 2024 · Building on existing national and EU structures, EIOPA and the ECB propose a possible EU-level solution composed of two complementary pillars: An EU public-private reinsurance scheme to increase the insurance coverage for natural catastrophe risk.
ECB and EIOPA call for increased uptake of climate catastrophe …
Apr 24, 2023 · The European Central Bank (ECB) and the European Insurance and Occupational Pensions Authority (EIOPA) today published a joint discussion paper on how to better insure households and businesses in the European Union against climate-related natural catastrophes such as floods or wildfires.
In April 2023 the European Central Bank (ECB) and the European Insurance and Occupational Pensions Authority (EIOPA) published a joint discussion paper to address the growing climate insurance protection gap.
ECB, EIOPA propose EU nat cat reinsurance solution, with …
Dec 18, 2024 · A proposal published by the European Central Bank (ECB) and the European Insurance and Occupational Pensions Authority (EIOPA) calls for a natural catastrophe insurance system that includes...
EIOPA and ECB propose EU-Wide catastrophe insurance framework
Dec 19, 2024 · The European Insurance and Occupational Pensions Authority (EIOPA) and the European Central Bank (ECB) have released a joint paper outlining a proposed framework to mitigate the...
Closing the gap - EIOPA and ECB announce proposals to close
Jan 10, 2025 · In this article, we look at the measures that EIOPA and the ECB have now proposed to address the protection gap in a paper published on 18 December 2024 (the 2024 Paper).
Staff Paper on Policy options to reduce the climate insurance ...
Apr 24, 2023 · The European Insurance and Occupational Pensions Authority (EIOPA) and the European Central Bank (ECB) have worked together on how to enhance the insurance of European households and companies against climate-related catastrophes.