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EIOPA publishes results of 2021 Insurance Stress Test

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Published on: 17 December 2021

Published by LNB News

LNB News 17/12/2021

Document Information

Issue Date: 17 December 2021

Published Date: 17 December 2021

Jurisdiction(s): European Union

Article summary

The European Insurance and Occupational Pensions Authority (EIOPA) has published the results of its 2021 Insurance Stress Test, in which it assessed the industry’s resilience to a prolonged coronavirus (COVID-19) scenario in a ‘lower for longer’ interest rate environment. EIOPA says the results showed that European insurers can maintain their financial health even amid harsh economic conditions, and that at no point did participants report a post-stress asset position in which their commitments to policyholders would have been jeopardised.

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