Keynote speech at the Geneva Association PROGRES-Seminar
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EIOPA Chair Petra Hielkema argues that the insurability frontier is shifting with geopolitics, climate, AI and demographics, and that keeping it open requires seeing risks earlier, sharing them better and shaping transformation responsibly. She covers private credit, asset-intensive reinsurance, natural catastrophes and AI.
Key points
- European insurers held over €500 billion in private credit at end-2025
- EIOPA is assessing whether Solvency II could better reflect proven adaptation measures
- 65% of nearly 350 surveyed insurers already use generative AI
Who is affected
Insurers, reinsurers and supervisors
Plain-language version
Petra Hielkema, chair of EIOPA, the EU watchdog for insurers and pension plans, explained that what can be insured is shifting with geopolitics, climate, AI and ageing. To keep insurance available, she wants risks spotted earlier and shared better. She noted that 65% of nearly 350 insurers already use generative AI.
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Summary produced with artificial intelligence from the official publication. It may contain errors: always check the original document.
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