Sun. Oct 6th, 2024

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the legal, justice, law

October infringements package: Key decisions by the EU Commission

In its regular package of infringement decisions, the European Commission pursues legal action against Member States for failing to comply with their obligations under EU law. The key decisions taken by the Commission are presented below and grouped by policy area. The Commission is also closing 133 cases in which the issues have been solved.

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earth, global warming, calamity

EIOPA: Leveraging insurance to shore up Europe’s climate resilience

The extreme weather events of the past few years from flash floods in Germany, torrential rain in Slovenia as well as crippling heatwaves and wildfires across the Mediterranean have shown that no region is safe from the harmful effects of a changing climate. The recent natural catastrophes are not isolated incidents but a feature of a new climate reality.

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Physical climate change risks: EIOPA assesses European insurers’ exposure

This paper is part of EIOPA’s broader sustainability agenda to integrate environmental, social and governance risk assessment in the regulatory and supervisory framework. In particular, this report is a follow-up on the sensitivity analysis of climate-change related transition risks in the investment portfolio of European insurers published in 2020.

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