EC’s Insurance Recovery and Resolution Directive must not be a “copy paste” from banking regulation
IFRS 9: EU insurers highlight need for recycling for equities measured at fair value through other comprehensive income
Europe’s insurers pay out €997bn annually in claims and benefits
The insurance industry is Europe’s largest institutional investor, with a portfolio equivalent to 59% of EU GDP
Through its 37 member associations, Insurance Europe represents 3 900 insurance and reinsurance undertakings of all types and sizes
Insurance Europe’s members write €700bn of life premiums, €409bn of property & casualty premiums and €149bn of health premiums every year
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