The European insurance and reinsurance federation, Insurance Europe, supports efforts to improve climate risk mitigation and called on the European Insurance and Occupational Pensions Authority (EIOPA) to take advantage of existing national tools on Monday 3 March. The federation responded to EIOPA’s proposal to launch an EU-wide risk awareness and prevention measures tool to enhance homeowners’ understanding of the impact of climate change on their properties (see EUROPE 13528/18).
Rather than relying on a one-size-fits-all EU-wide tool, Insurance Europe claims that the most effective way to enhance citizens’ understanding of the local impact of climate change is to strengthen existing best practices and national tools. It also recommends supporting the development of new region-specific solutions tailored to each EU Member State. To further improve accessibility, it suggests that EIOPA create a centralised European platform to showcase these resources.
It also recommends that EIOPA assess the availability and quality of data across Member States. (Original version in French by Anne Damiani)