Combatting climate risk: what can insurers do?

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This article draws together recent publications of EIOPA and of the CBI on the topics of insurers’ financial resilience to climate risk and on closing the climate risk protection gap. It also briefly touches on insurance regulators’ anticipated supervisory approach to climate risk and resilience issues in the years to come.

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Parliament prunes Deforestation Regulation

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The EU’s Regulation on deforestation-free products (the Regulation, (EU) 2023/1115​) was on course to apply across the EU from 30 December 2024, and from 30 June 2025 for micro and small entities.

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Financial Services Regulation and Compliance - Investment Firms October 2024

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Domestically, the CBI issued a ‘Dear CEO’ Letter presenting the findings of its thematic review of investment firms' application of the marketing communications disclosure requirements as set out in MiFID II. At European level, ESMA updated its guidance on the transitional arrangements under the MiFID II/MiFIR Review.

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