EU authorities need to improve insurance risk models, Eiopa warns

Eiopa flags
The European Insurance and Occupational Pensions Authority

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

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: