Tag Archives: Insurance Europe

Insurance Europe supports the EU’s efforts to make the European economy greener and more resilient

BRUSSELS, 30-Aug-2018 — /EuropaWire/ — Insurance Europe has published its response to a consultation on the European Commission’s proposal for a regulation to establish a framework to facilitate sustainable investment. It expressed support for the EU’s efforts to make the European economy greener … Read the full press release

Insurance Europe: EU’s Motor Insurance Directive (MID) is an essential tool in the protection of road traffic accident victims and should be preserved

BRUSSELS, 24-Oct-2017 — /EuropaWire/ — Insurance Europe has responded to the European Commission’s REFIT consultation on the Motor Insurance Directive (MID), which it said is an essential tool in the protection of road traffic accident victims and should be preserved. It added that … Read the full press release

Insurance Europe: Europe’s insurers paid out €975bn in claims and benefits during 2015

BRUSSELS, 20-Dec-2016 — /EuropaWire/ — Europe’s insurers paid out a total of €975bn in claims and benefits over the course of 2015, the equivalent of €2.7bn per day, according to figures released today by Insurance Europe, the European insurance and reinsurance … Read the full press release

Insurance Europe: Drivers who consent to share their in-vehicle data with insurers will be able to enjoy a number of benefits

Drivers must be able to decide who can access their in-vehicle data and for what purposes BRUSSELS, 20-Jun-2016 — /EuropaWire/ — The right conditions must be created to allow drivers to share their in-vehicle data with any service provider they chose … Read the full press release

Insurance Europe raises concerns over misunderstanding of Ultimate Forward Rate (UFR)

Any changes to UFR should wait until Solvency II review BRUSSELS, 25-Apr-2016 — /EuropaWire/ —  There seems to be a misunderstanding over how Solvency II liabilities are currently calculated, including the discount rates, according to Insurance Europe, the European insurance … Read the full press release

Insurance Europe: digitalisation of the European insurance industry cannot remove all barriers to increasing the volume of cross-border insurance

However, digitalisation not silver bullet to remove cross-border barriers BRUSSELS, 22-Mar-2016 — /EuropaWire/ — While the digitalisation of the European insurance industry will reshape the way insurers innovate, distribute and interact with their customers, it cannot remove all barriers to increasing … Read the full press release

Insurance Europe study: €952bn paid out by insurers to individuals and businesses in Europe during 2013

BRUSSELS, 08-1-2015 — /EuropaWire/ — European insurers paid out an average of €2.6bn a day in claims and benefits during 2013, according to figures published today in a study by Insurance Europe, the European insurance and reinsurance federation. The study, European … Read the full press release