Climate Change
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EC attempts to address concerns of buyers over ELD
The European Commission will produce more guidance and further develop practical risk assessment methods to speed up the implementation of…
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EC proposes extension of ELD to tackle offshore energy risk
The European Commission has proposed draft regulation to improve the safety of offshore oil and gas activities in the EU…
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Environmental risk-insured or not?
Last year an International Underwriting Association report analysed the impact of the Environmental Liability Directive (ELD) and assessed the capabilities…
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CRE’s Environmental Liability Directive report-click here
We bring you Commercial Risk Europe’s report on the Environmental Liability Directive (ELD), the newly introduced pan-European ‘polluter pays’ environmental…
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ELD’s stunted demand-Comment
Talk of the introduction of a compulsory insurance system for environmental liability, triggered by the introduction of the Environmental Liability…
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Mandatory cover for environment still not needed—Bell
Compulsory insurance coverage for Europe’s companies to fix damage caused to the environment is both impractical and unnecessary according to…
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Environmental Civil Sanctions give regulators more freedom to act
The Environmental Civil Sanctions Order & Regulations 2010, which came into force in England and Wales in January of this…
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Chartis launches CII accredited EIL training for brokers
Chartis Insurance UK has launch of a suite of environmental training materials, accredited by the Chartered Insurance Institute (CII), predominantly…
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Belrim President calls for clarification on ELD from EU
Gaetan Lefevre, President of Belrim, the Belgian risk management association, has called on the European Union (EU) to provide urgent…
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UK EIL market slower than expected but demand set to rise: Underwriters
Environmental liability has been shoved up the corporate agenda recently in the UK following the transposition of the European Environmental…
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MARSH: Market has been slow to adapt to climate change
The recent slew of severe weather events and natural catastrophes has highlighted the need for better catastrophe risk management, according…
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CEA to spread ELD claims data but expert downbeat on Solvency II
The CEA is currently working to collect claims data on Environmental Liability Directive (ELD) related losses in order to educate…
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EC takes France to court for industrial pollution and threatens Italy
The European Commission is taking France to the European Court of Justice (ECJ) as at least 62 of its industrial…
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Insurers warn ELD stakeholders to up game or face mandatory schemes
Leading specialist environmental insurers have called on all stakeholders involved with and affected by the Environmental Liability Directive (ELD) to…
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EIL market in France expands as full extent of ELD liability comes into focus
The French EIL market is now showing signs of steady growth, following the implementation of the Environmental Liability Directive, as…
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Tackling shipping emissions and its regulation on the agenda
The European Commission (EC) has published the first comprehensive overview of the problem of shipping emissions as debate around regulatory…
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US files suit against BP, QBE and seven others for Deepwater spill
The US Justice Department yesterday filed a suit against oil giant BP, and eight other companies, including Lloyd’s of London…
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CEA claims open market not ready for mandatory ELD cover
The CEA has responded to criticism of a 'negative' approach to mandatory financial security for the Environmental Liability Directive, and…
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Constructive criticism needed from CEA on ELD risks
The CEA has been criticised for its 'negative' approach to mandatory financial security for ELD liabilities and challenged to come…
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Commission should leave cover for ELD risks to market forces-expert says
Following a recent report from the European Commission on the Environmental Liability Directive (ELD) that suggests it is considering intervention…
