CEIOPS - publication of its European wide stress test exercise for the insurance sector results

CEIOPS has presented to the members of the EU Economic and Financial Committee (EFC) the findings of its European wide stress test exercise for the insurance sector aimed at evaluating the overall resilience of sector under several stresses to the economic and financial market environment. The results of CEIOPS' stress test exercise indicate that the large and important European insurance groups would remain resilient even in severe scenarios. In all scenarios, the aggregated level of available capital exceeds the regulatory requirements.