How ELD transformed the environmental liability insurance market

How ELD transformed the environmental liability insurance

Over the last 15 years, the Environmental Liability Directive (ELD) has shaped the market for environmental impairment insurance (EIL). The European Commission now recognizes the insurance offer as sufficient, but there is still political pressure for mandatory financial schemes to cover the most extreme scenarios of environmental impairment accidents and insolvency risks. Risk managers, therefore, need to be able to justify their company’s mitigation strategies for environmental incidents. The session will help you to:

  • Understand the current state of the EIL market and the trends for the next 5 years

  • Determine what EIL insurance is most appropriate for your organisation  

  • Discover what financial solutions other than insurance are available

  • Balance loss prevention and financial protection for your largest environmental loss scenarios. 

Speakers:

Aurélie Fallon St Lo, XL Catlin, Senior Environmental Risk Underwriter

Arthur Lu, AGCS, Head of Global Environmental Impairment Liability

Annemarie Schouw, Tata Steel, Manager Risk & Insurance

Moderator: Gaëtan Lefèvre, CMI, Group Risk & Insurance Manager

 

 

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