GDV calls for improved security and stability

Wind farm

The German insurance industry wants to expand significantly its financial commitment to renewable energy and infrastructure projects.

To achieve this, it is seeking greater investment security and stability.

Jörg von Fürstenwerth, Chairman of the Executive Board of Gesamtverbands der Deutschen Versicherungswirtschaft (GDV), the German insurers’ association said: “Long-term insurance business and investment in environmentally and economically sustainable energy and infrastructure projects are a good match.

“So that we can invest increasingly in this area, we need a long-term stable and legally secure investment environment.”

The GDV believes that changing regulations could help insurers to increase their investment options while limiting the impact on public sector spending.