EIOPA stress tests European insurers’ resilience with a scenario of escalating geopolitical tensions

The European Insurance and Occupational Pensions Authority (EIOPA) is launching today its 2024 stress test in which it subjects insurers in the European Economic Area to a hypothetical scenario of severe but plausible adverse developments in financial and economic conditions. This year’s exercise envisions a re-intensification or prolongation of geopolitical tensions and assesses how European insurers would cope with the wide-ranging economic and financial market consequences of such an event.