INSURANCE EUROPE NEWS

An important election year

2024 is a pivotal year for global politics, with elections impacting half the world. In the EU, citizens took to the polls to elect the next European Parliament which sits for the first time on 16 July. The elections kick-started a series of institutional changes, including the European Council setting out it's priorities for the next five years and the start of a new European Commission mandate in autumn this year.

#InsuranceMatters: industry sets out its priorities for the EU

The insurance industry has set out its priorities for a more prosperous, resilient, and competitive European Union. It calls on EU policymakers to reduce protection gaps, continue to tackle climate change, increase private investment, and take a new approach to regulation.

Recovery and resolution planning: Insurance Europe responds to IAIS’ Holistic Framework consultation

Insurance Europe has responded to a consultation by the International Association of Insurance Supervisors (IAIS) on its Holistic Framework. The Framework is a set of supervisory policy measures, a Global Monitoring Exercise (GME), and implementation assessment that reviews and mitigates systemic risk in the insurance sector, including through recovery and resolution planning requirements (RRP).