The draft opinion forms part of EIOPA's strategic activities on sustainable finance and follows a call for opinion from the European Commission.
The draft opinion aims at integrating sustainability risks, in particular those related to climate change, in the investment and underwriting practices of (re)insurers. The opinion addresses the valuation of assets and liabilities, assesses current investment and underwriting practices and seeks to contribute to the integration of sustainability risks in market risks and natural catastrophe underwriting risks for the solvency capital requirements for standard formula and internal model users.
The consultation runs until Friday, 26 July 2019.
Full draft opinion
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