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Climate and Sustainability Roundup: Insurers confront climbing natcat losses
14 May 2025InsuranceERM highlights climate and sustainability news from the last month
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Insurance Europe seeks safeguards as ESRS reform threatens early reporters
07 May 2025The trade association has responded to Efrag's call for input to simplify the sustainability reporting standards
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Increase flexibility of EU sustainability reporting standards, German insurers urge
06 May 2025The GDV argues for overhauling ESRS to better reflect business reality
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Eiopa backs Omnibus sustainability package, but Solvency II bumps remain
14 March 2025The European Commission's Omnibus package - which aims to simplify corporate sustainability reporting - was initially welcomed by insurers last month. However, the proposals are also creating uncertainty and division. Joshua Geer reports.
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Regulators must find sweet spot between sector-specific and horizontal regulation
21 November 2023Development of retail investment rules marked a shift in European Commission's approach
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ISSB and EU pledge to minimise the sustainability reporting overload
31 October 2023European firms will have to comply with both EU and IFRS sustainability disclosure standards from their 2024 annual reports. But the two standard-setters have promised to be as harmonised as possible, as Joshua Geer reports
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Europe stresses quality of outreach with IFRS 17 annuity ruling
23 May 2022The UK, meanwhile, has urged broader issues to be addressed at post implementation review
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EU warns against last-minute IFRS 17 interpretation rulings
26 April 2022UK seeking clarification from IFRS committee over treatment of annuities
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Efrag approves IFRS 17 and 9 transition amendments
01 February 2022Changes were introduced to address potential mismatches in the transition
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Efrag raises inconsistency concern on IFRS 17/9 mismatch fix
05 August 2021EU's accounting advisors generally support IASB's plans