EU insurance watchdog to unveil stress test results
EIOPA is not expected to name individual companies that fall short, in contrast to the ECB's review of lenders that prompted a number of banks to raise capital
Europe's top insurance regulator EIOPA will announce details on Monday of its latest check on how prepared the insurance sector is to withstand shocks like the recent financial market crisis.
The European Insurance and Occupational Pensions Authority (EIOPA) has spent the last seven months testing how well insurers' capital safety buffers hold up against hypothetical challenges to determine whether policy holders could be at risk in a financial meltdown.
EIOPA is not expected to name individual companies that fall short, in contrast to the European Central Bank's review of lenders that prompted a number of banks to raise capital.
The European Insurance and Occupational Pensions Authority (EIOPA) has spent the last seven months testing how well insurers' capital safety buffers hold up against hypothetical challenges to determine whether policy holders could be at risk in a financial meltdown.
EIOPA is not expected to name individual companies that fall short, in contrast to the European Central Bank's review of lenders that prompted a number of banks to raise capital.