EIOPA Launches EU - Wide Insurance Stress Test
APRIL 30, 2014
- The exercise aims to test the overall resilience of the insurance sector and to identify its major vulnerabilities;
- Insurers will be tested against interest rate, corporate bonds, sovereigns, equity and property stresses as well as against insurance-specific shocks;
- The second module of the test represents a follow up to EIOPA’s Opinion on Supervisory Response to a Prolonged Low Interest Rate Environment;
- The exercise will allow EIOPA and NSAs to define areas for further investigation and to focus supervisory responses;
Read full press release by EIOPA