EIOPA Launches EU-Wide Stress Test For 2018

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On 14 May, EIOPA launched its fourth stress test exercise for the European insurance sector. The purpose of this regular exercise is to assess insurers' vulnerabilities ...
European Union Insurance

On 14 May, EIOPA launched its fourth stress test exercise for the European insurance sector. The purpose of this regular exercise is to assess insurers’ vulnerabilities and provides insight into the resilience of the European insurance sector. This stress test will analyse the impact of a combination of market and insurance risks and includes a natural catastrophe scenario. The target sample for this year includes 42 European insurance groups representing nearly 78% of the European market based on consolidated assets. The results of the stress test are expected to be published in January 2019.

EIOPA’s press release is here.

This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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