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Europe Daily Bulletin No. 13084

15 December 2022
Contents Publication in full By article 29 / 35
NEWS BRIEFS / Insurance
European Institutions for Occupational Retirement Provisions are highly exposed to climate transition risks, according to EIOPA

14/12/2022 (Agence Europe)The results of the Climate Stress Test conducted by the European Insurance and Occupational Pensions Authority (EIOPA) and published on Tuesday 13 December, show material exposure to climate transition risks for European Institutions for Occupational Retirement Provisions (IORPs). EIOPA undertook an assessment of the resilience of IORPs to a climate transition scenario that simulates a sudden and disorderly transition to a green economy due to a delay in the...

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