Insurance Watchdog Says Green Finance Is Key To Strategy
Law360, London (February 7, 2019, 6:19 PM GMT) -- Europe’s top insurance watchdog has said that it will put sustainable finance at the heart of its strategy for supervising the bloc’s insurers and pension funds over the next few years.
The European Insurance and Pensions Authority said that the central theme of its work will be sustainability in the sectors that it monitors. The watchdog called on national regulators to ensure that Europe’s insurance and pension firms are considering environmental and social issues when offering services and making investments.
EIOPA’s push is part of its strategy and work program, published Tuesday, which sets the tone for its activities and specifies...
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