Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Insurance Europe, the European reinsurance federation, has published a briefing note relating to environmental liability coverage across the European Union, based on a survey of its members. The survey revealed that the market is functioning well and that there is enough market capacity to expand the amount of environmental liability cover available to the market, should demand increase.

The briefing note also declared that an EU wide compulsory environmental liability insurance system would not benefit customers. Such a mandatory cover – currently being considered by the European Commission as part of the Environmental Liability Directive (“ELD”) – has the potential to stifle the current promising level of product innovation in member states, according to the briefing note.

This premium content is locked for
Insurance Coverage Law Center subscribers only.

Start a free trial to enjoy unlimited access to the single source of objective legal analysis, practical insights, and news for the insurance industry.

  • Access the most current expert analysis and daily developments across jurisdictions
  • Solve complex research issues with expert tools and intelligence
  • Tap into insurance coverage expert guidance

Already have an account?
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected].


Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.