Insurance industry passes Solvency I stress test

Gabriel Bernardino

The European insurance industry is well capitalised and “would remain resilient even in severe
scenarios”, according to a stress test ordered by the Committee of European Insurance and Occupational Pensions Super-visors (Ceiops).

Twenty-eight insurance groups were considered, accounting for 60% of premium income across the European Union, all satisfying the existing Solvency I requirements in three cases – ‘adverse’ economic conditions, a deep recession and an inflationary scenario. The result w

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