EU 'Omnibus' package can simplify rules and boost sustainability, says Insurance Europe

German insurers call for infrastructure fund to help prevent natural hazards

Fund could be used to prevent damage to uninsured infrastructure

Reask secures $4m to expand its extreme weather risk modelling capabilities

Financing round led by Schroders' impact investment manager BlueOrchard Finance

Swiss Re abstained from at least 63 customers due to ESG risks

The Swiss reinsurer published its 2024 sustainability report

Eiopa backs Omnibus sustainability package, but Solvency II bumps remain

The European Commission's Omnibus package - which aims to simplify corporate sustainability reporting - was initially welcomed by insurers last month. However, the proposals are also creating uncertainty and division. Joshua Geer reports.

Foreign insurers face challenges in Germany