On October, 14th 2021 the Bank of Italy published No. 644 of the series “Questioni di Economia e Finanza” entitled “The implementation of the IFRS 9 accounting standard in Italy by small banks and financial intermediaries” by Andrea Canton, Tommaso Loizzo and Federico Schimperna. The paper provides the results of an analysis carried out on […]
The 18th “Quaderno” dedicated to the analysis of the relationships between Banks and Insurance Companies in Italy has been published on the IVASS website. From reading the document, the following emerges in a nutshell: a) Cooperation between banks and insurance companies has 30 years of history and is a significant phenomenon now: in Italy over […]
Yesterday September 22, 2021 the European Commission adopted the long-awaited “revision package” of the Solvency II regulations. The overarching objective is to ensure that insurers and reinsurers continue to invest and support EU policy priorities, in particular to finance the post-Covid recovery, complete the Capital Markets Union and channelling the funds to implement the European […]
The latest report published by the IPCC, the UN body that evaluates climate change, raises the red alert: if we do not reduce CO2 emissions it will be catastrophe. Many of the changes observed in the climate are unprecedented in thousands, if not hundreds of thousands of years....
The new implementing measures of the European Green Deal for the insurance sector were published in the Official Journal of the European Union of 2 August 2021. The measures modify the Solvency II, IDD and POG regulations regarding the integration of sustainability factors, sustainability risks and sustainability preferences.
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