Environmental Liability in the European Union: How the (re)insurance industry is developing solutions in a fast-evolving context
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چکیده
As awareness of environmental issues has grown stronger, over the past 30 years the European Union has created legal standards to protect citizens and mitigate the effects of pollution. All of these measures have had a signifi cant infl uence on industry, increasing the scope of liability and consequently bringing about noteworthy changes for (re)insurance. One of the latest regulations is the European Environmental Liability Directive, the main objective of which is to hold operators legally and fi nancially responsible for preventing and remedying environmental damage caused by their activities. We propose to address this issue in this newsletter, which presents the main features of the Directive and its implications for public entities and the industrial sector. We will also analyze a number of insurance solutions through examples. Environmental Liability in the European Union: How the (re)insurance industry is developing solutions in a fast-evolving context
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