All EU articles
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News
EU plans 120 billion euro economic boost by easing insurance rules
Britain, which is home to the world’s biggest commercial insurance market and left the EU last December, has also begun reviewing the capital rules - Solvency II. It will scrutinise how changes by Brussels could affect London’s competitiveness.
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Aon offers concessions seeking EU nod on $30 billion Willis bid
Aon has offered concessions to gain EU antitrust approval for its $30 billion bid for rival Willis Towers Watson, a European Commission filing showed on Monday.
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Reuters: EU system needed for dealing with failing insurers, EU official says
A new mechanism for shutting failing insurers smoothly could help maintain trust in the sector as part of a review of capital rules that is unlikely to come into effect before 2025, European Commission officials said on Tuesday.
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News
Vaccination delay could cost EU economy 90 bln euros - Allianz study
The EU faces a potential 90 billion euro ($108.19 billion) hit to its economy this year unless it catches up with the pace of COVID-19 vaccinations in other regions, a study showed on Wednesday.
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News
Banks and insurers must comply with a new European Union law on sustainability-related disclosures from March
The EU approved the law last year to increase transparency on how banks, insurers, financial advisers and funds consider sustainability risks in their investment decisions and advice to investors.
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Online only
EIOPA statement on actions to mitigate the impact of Coronavirus/COVID-19 on the EU insurance sector
Insurers are likely to face progressively difficult conditions in the immediate future, both in terms of navigating challenging market conditions and in maintaining operations, while taking steps to protect employees and customers.