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EIOPA publishes supervisory statements on exclusions related to systemic events and the management of non-affirmative cyber exposures

Posted in: News

Set 24 2022
As the frequency of systemic events increases, there is a risk that insurance products covering them become unaffordable or unavailable. At the same time, products covering such events or products silent about the coverage may explicitly exclude them in the future… https://www.eiopa.europa.eu/media/news/eiopa-publishes-supervisory-statements-exclusions-related-systemic-events-and-management_en

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ESAS WARN OF RISING RISKS AMID A DETERIORATING ECONOMIC OUTLOOK

Posted in: News

Set 17 2022
The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) issued today their Autumn 2022 joint risk report. The report highlights that the deteriorating economic outlook, high inflation and rising energy prices have increased vulnerabilities across the financial sectors… https://www.esma.europa.eu/press-news/esma-news/esas-warn-rising-risks-amid-deteriorating-economic-outlook

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