Insurers Should Factor Climate Risks In Holdings, EU Says

Law360, London (September 30, 2019, 4:50 PM BST) -- Insurers should review how resilient their businesses to climate change when they assess how much capital they are required to hold under the European Union's solvency regime, an insurance watchdog said Monday.

The European Insurance and Occupational Pensions Authority said that insurance companies should analyze how climate change could damage their business when they establish risk-management strategies and calculate the size of the capital buffers they need to protect themselves against the risk of a surge in claims after extreme weather such as floods and hurricanes.

The EU regulator warned that climate change could affect how much capital a group must...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!