EU authorities need to improve insurance risk models, Eiopa warns
2018 stress tests show weaknesses in models used by national authorities, report says
The European Union’s national regulators must improve the quality of the models they use to assess insurance firms’ risk levels, a European supervisory authority says.
The European Insurance and Occupational Pensions Authority (Eiopa) gave the warning in a set of initial recommendations based on its 2018 stress tests of the insurance sector. These tests also reveal weaknesses in the resilience of some European countries’ insurance firms.
Eiopa says participants in the stress tests said the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com