Friday, 30 June 2017

Monday, 26 June 2017

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EIOPA HIGHLIGHTS KEY FINANCIAL STABILITY RISKS


 Macro-economic environment remains challenging, with some signs of improvement
 The application of a risk-based Solvency II regime was carried out smoothly in a low yield environment and overall the European insurance sector is adequately capitalised
 Following Solvency II implementation no major shifts in insurers’ portfolio allocation are observed

Monday, 19 June 2017

Thursday, 15 June 2017

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EC fintech consultation response: New technology, but same rules must apply


Insurance Europe responded to the European Commission’s consultation on “Fintech: a more competitive and innovative European financial sector”. In its response, Insurance Europe said that the Commission must ensure that regulation is future proof and supportive of innovation that benefits consumers.

Friday, 9 June 2017

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Response to EC Capital Markets Union mid-term review



Positive steps, but more ambition is needed
Following the publication today of the European Commission’s mid-term review of its Capital Markets Union (CMU) project to unlock funding for growth in Europe, Michaela Koller, director general of Insurance Europe, commented:

Sunday, 4 June 2017

Thursday, 1 June 2017

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EU insurance rules must be digital-friendly to reflect consumers’ needs

Speaking at Insurance Europe’s 9th International Conference today in Zurich, the European insurance and reinsurance federation’s president, Sergio Balbinot, said the constantly evolving demands of consumers mean that rules governing insurers must allow them to provide innovative products to meet those needs.