The escalating challenges of the 21st century demand a rethinking of design education, as traditional methods no longer prepare designers to address complexity or contribute to resilient societies. This paper introduces Interwoven Futures, an initiative from a product design department that emphasizes hands-on practice, critical reflection, and multi-stakeholder collaboration. Rather than focusing on linear problem-solving, it equips students to navigate uncertainty and systems-level change. The project has three components: a university-industry collaboration with VAUDE, a curated publication, and a public event. Together, these elements engage with ecological and societal issues while cultivating designers as agents of change who learn to stay with the trouble in real-world contexts. The paper discusses the structure, findings, and implications of Interwoven Futures, positioning it as a case study in adaptive, future- oriented design education that contributes to the evolving discourse on sustainability in design.

Since its adoption by the European Union (EU), the Solvency II Directive has fundamentally changed how insurance companies and groups are supervised, manage risks, and stay financially sound. It has introduced a total balance sheet approach, risk-based capital requirements, a three-pillar framework, and cooperative group supervision. As the regime evolves, following the 2020 Solvency II Review and the Insurance Recovery and Resolution Directive (IRRD), Solvency II: Present and Future offers timely and expert commentary on the Directive's core principles and current risks.

This volume explains the theoretical and practical complexities of valuing insurance liabilities and long-term equity investments, the shifting role of national supervisory authorities, and the efforts to harmonize supervisory practices across the EU, with a particular focus on the role of the European supervisory authority EIOPA. It critically assesses the implications of integrating sustainability risk into insurers' risk management and solvency frameworks-an urgent priority in the face of climate change.

In addition to analyzing the EU context, the book situates Solvency II in parallel to global developments such as the IFRS 17, the Insurance Capital Standard (ICS), Solvency UK, and the Swiss Solvency Test (SST). It also addresses future risks, including ESG and systemic risks, evaluating the balance between robust supervision to ensure policyholder protection, financial stability, and the competitiveness of the European insurance industry.

Authored by leading academics and experts, this book is essential reading for legal practitioners and consultants advising the insurance and financial services sectors, policymakers, insurance supervisors, and academics. It combines clear explanations of Solvency II's core principles with forward-looking perspectives on its future trajectory, providing a definitive guide to one of the most influential insurance regulatory frameworks in the world.

This chapter provides a structured introduction to Solvency II group supervision by combining legal and economic perspectives. It begins by outlining the rationale for group-specific oversight, highlighting prudential risks such as contagion, double gearing, and intra group transactions. The subsequent legal analysis follows the three pillar architecture of Solvency II, explaining the scope of application, quantitative capital requirements, governance and risk management obligations, and reporting duties at group level. Particular attention is paid to the supervisory architecture, including the role of the group supervisor and the functioning of colleges of supervisors. The chapter then turns to the economic significance of insurance groups, draw-ing on empirical data to demonstrate their market relevance and solvency strength. Throughout, key amendments introduced by the Solvency II Review are integrated, especially regarding the expanded scope of group supervision, strengthened governance requirements, and the introduction of macroprudential and sustainability-related elements. The chapter concludes with a critical assessment and an outlook.