Priorities of the European insurance market

The European insurance and reinsurance association "Insurance Europe" has published a document that outlines the measures to be taken for a more resilient European Union (EU).

Four strategic priorities have been listed by the association, namely:

- reducing protection gaps

- strengthening climate change mechanisms

- increasing private investment in the EU

- improving the existing EU regulations

To achieve these objectives, Insurance Europe recommends a number of actions including raising awareness about risks and the need of insurance, accelerating climate adaptation measures and launching an insurance expertise centre within the European Commission.