(Re)insurers views on the potential SFDR level 1 review and the introduction of a categorisation system

On 18 June the European Supervisory Authorities (EBA, EIOPA and ESMA) published a joint Opinion on the assessment of the Sustainable Finance Disclosure Regulation, including recommendations on introducing a product classification system based on sustainability categories and/or a sustainability indicator (ECO-CRISF-24-097). Moreover, the secretariat held a call with EIOPA’s sustainability unit on 21 June.

Therefore, the secretariat of Insurance Europe prepared a second draft of (re)insurers’ position on the SFDR level 1 review, integrating members’ comments and presenting the recommendations made by the ESAs. The document also includes questions to members – as Insurance Europe’s comments.