Insurance – Regulatory Strategic News
In the complex insurance regulatory environment, Elizabeth Gillam, Head of EU Government Relations and Public Policy at Invesco, based in Bruxelles, brings her lights on the crucial topics which actually impact insurance companies. The insurance sector remains under the regulatory microscope at both the global and European level, with the following themes of particular interest to policymakers and insurers alike:
- Prudential rules for insurers under Solvency II are already under review and consideration is turning to how insurers can play a greater role in financing the economy. How could they finance sustainability and the transition to a low-carbon economy?
- Regulators continue to be concerned about the risks posed by the sector. This includes an increasing focus on the systemic risk arising from insurance activities as well as the risk from climate change
- The European Commission is also exploring conduct issues in the retail insurance market relating to transparency of costs of retail products.
Investment risks
The value of investments and any income will fluctuate (this may partly be the result of exchange rate fluctuations) and investors may not get back the full amount invested.
Important information
Where individuals or the business have expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice.