Reinsurance News
Insurance Europe
Insurers call on EU leaders for a genuine simplification package for financial services: Insurance Europe
18th March 2026
Ahead of the March European Council, insurers have called on EU leaders to deliver a genuine simplification package for financial services, including a Financial Services Omnibus, that achieves visible and measurable reductions in regulatory burdens, according to Insurance Europe. Insurance Europe noted that an accumulation of overlapping and complex regulatory obligations ... Read the full article
Insurance Europe call for pause on IRRD for proportionate regulation and EU competitiveness
30th October 2025
Insurance Europe, the European insurance and reinsurance federation, calls for the European Commission to ‘stop the clock’ on the implementation of the Insurance Recovery and Resolution Directive (IRRD) legislative process. According to the organisation, this approach “will allow policymakers, EIOPA, and industry stakeholders to conduct a thorough impact assessment of what ... Read the full article
Insurance Europe warns Solvency II reform falls short of EU competitiveness goals
5th September 2025
Insurance Europe, the federation representing national insurance associations across 39 European countries, has cautioned that the European Commission’s draft Level 2 measures for Solvency II fall well short of political commitments made by EU lawmakers, jeopardising growth and putting billions in potential long-term investment at risk. In its consultation response, Insurance ... Read the full article
Solvency II: Insurance Europe calls for smarter capital rules to boost EU investment and growth
28th July 2025
Insurance Europe—the federation representing the European insurance and reinsurance industry—has welcomed the European Commission’s launch of its consultation on the Level 2 technical details of the Solvency II review. This consultation provides a vital opportunity to address overly cautious assumptions and unnecessary volatility in the current framework, which limit insurers’ ability ... Read the full article
Insurance Europe backs EU goals to strengthen digital infrastructure & AI adoption
8th July 2025
Insurance Europe has backed the EU’s ambition to strengthen digital infrastructure and AI adoption but stresses that the success of the Cloud and AI Development Act depends on taking an open, investment-led approach and avoiding restrictions on access to trusted global technology providers. The organisation responded to a European Commission consultation ... Read the full article
Insurance Europe calls for streamlining EU cybersecurity regulations
26th June 2025
Insurance Europe, the organisation representing the European insurance and reinsurance sector, is welcoming the European Commission’s review of the Cybersecurity Act (CSA), a move aimed at simplifying regulations and easing the administrative burden on companies. Launched in April 2025, the CSA review aims to address the fast evolution of technology and ... Read the full article
Younger generation says buying insurance should be simpler: Insurance Europe
5th June 2025
Young people believe that access to insurance must become simpler, more digital, and user-friendly to meet their distinct needs, according to a recent survey by Insurance Europe in partnership with the European Youth Parliament (EYP). The survey gathered responses from 651 young people across 33 European countries. While respondents said they ... Read the full article
Insurance Europe leaders present five priorities to boost EU competitiveness and climate resilience
28th May 2025
Insurance Europe, the organisation representing the European insurance and reinsurance sector, has outlined key priorities ahead of the 15th International Conference. According to a statement from Insurance Europe’s leadership — Frédéric de Courtois, President; Alexander Sarrigeorgiou, Vice-President; and Thea Utoft Høj Jensen, Director General — the European insurance industry plays ... Read the full article
Insurance Europe urges greater clarity on EIOPA’s AI Opinion
21st May 2025
Insurance Europe supports the European Insurance and Occupational Pensions Authority (EIOPA)’s draft AI Opinion for providing clarity on applying existing insurance legislation to AI systems; however, it warns that the current draft may unintentionally introduce new requirements, lack proportionality, and create confusion due to overlapping regulations. While Insurance Europe agrees with ... Read the full article
Insurers urge EU to regulate private Third-Party Litigation Funding
15th November 2024
A coalition of eleven associations, spearheaded by Insurance Europe, is urging the European Commission to establish EU-wide regulations for private Third-Party Litigation Funding (TPLF). TPLF involves private investors, unconnected to the lawsuit, financing legal action in return for a portion of any financial award. This practice, Insurance Europe highlights, currently lacks ... Read the full article
Insurance Europe calls for European Commission to scrap AI Liability Directive
8th November 2024
In a bid to prevent legal confusion and the discouraging of innovation, Insurance Europe has urged the European Commission (EC) to withdraw its proposed Artificial Intelligence Liability Directive (AILD). While appreciating the EC’s commitment to promoting compensation for AI-related damages, the federation expresses concerns that the current proposal may lead to ... Read the full article
Bridging the cyber protection gap for EU policymakers: Insurance Europe
4th November 2024
A recent publication by Insurance Europe outlines policy recommendations for EU policymakers aimed at strengthening the insurance industry's cyber resilience across Europe in response to a significant protection gap. The global cyber insurance market has experienced rapid growth, increasing from an estimated $5.9 billion in 2019 to $14 billion in 2023, ... Read the full article
Insurance Europe appoints Thea Utoft Høj Jensen as director general
7th October 2024
Insurance Europe, the association representing insurance and reinsurance companies, has announced the appointment of Thea Utoft Høj Jensen as director general, effective 4 November, 2024. Thea will succeed Michaela Koller, who has served as director general at Insurance Europe for the past 18 years. Frédéric de Courtois, who was elected President of ... Read the full article
Solvency II review, a “golden opportunity” to unlock additional capital in the EU, Insurance Europe
26th July 2024
The insurance sector has reportedly called on the EU to use the "golden opportunity" offered by the review of Solvency II to unlock additional capital. Insurance Europe, in a recent statement, said that by increasing insurers’ investment capacity, the industry could further contribute to the political guidelines laid out by the ... Read the full article
Insurance Europe publishes manifesto outlining industry’s priorities for EU Union
11th July 2024
Insurance Europe, the association representing insurance and reinsurance companies, has published its manifesto that outlines the insurance industry's strategic priorities aimed at making the European Union more more prosperous, resilient, and competitive. The industry calls on EU policymakers to reduce protection gaps, continue to tackle climate change, increase private investment, and ... Read the full article
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