Green Insurance: Pre-contractual ESG-Disclosure

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Green Insurance: Pre-contractual ESG-Disclosure

Green Insurance: Pre-contractual ESG-Disclosure

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July 5, 2021

Mitigating the impacts of climate change will be one of the core challenges of the future and change the way customers look at insurance products. While the centerpieces of this transition are without doubt the EU’s taxonomy and sustainability finance disclosure regulations, certain differences, notably in terms of sanctions, remain across EU Member States. With the German Federal Council (Bundesrat) having just approved such complementing national legislation, this client alert seizes the opportunity to look at challenges insurers may face when implementing the new disclosure framework.

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