Insurance industry news in Europe reveals considerable stress vulnerability

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The EIOPA released the results of a test that it conducted on the sector and showed a “double hit” could be painful. Recent insurance industry news from the European Insurance and Occupational Pensions Authority (EIOPA) has revealed the results of a form of “stress test” that it conducted and which has now shown that this sector has a higher vulnerability to a stress scenario in which there would be a “double hit” combination of a decrease in asset values and a reduced risk free rate. Overall, the testing showed that…

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