Oct 05, 2020

Consultation on the draft opinion on the Supervision of the use of Climate Change Risk Scenarios in ORSA

Consultation on the draft opinion on the Supervision of the use of Climate Change Risk Scenarios in ORSA

Author: European Insurance and Occupational Pensioners Authority (EIOPA)

Tags: EU, European Insurance and Occupational Pensioners Authority (EIOPA)

This draft opinion sets out EIOPA’s expectations to national competent authorities on the supervision of the integration of climate change risk scenarios by insurers in their ORSA, applying a risk-based and proportionate approach, with the aim of enhancing supervisory convergence across Europe. EIOPA invites stakeholders to submit their feedback on the consultation paper by Tuesday, 5 January 2021, 23:59 CET using the EU Survey.