Stress ahead for European insurers
Ready for the roll-out
European financial regulation was completely overhauled at the start of this year. Out went the committees of national regulators covering the banking, securities and insurance and pensions markets, which had a purely advisory role, to be replaced by three new regulatory authorities. But this was more than just a change of nameplates and notepaper: the European Banking Authority (EBA), the European Securities Markets Authority and the European Insurance and Occupational Pensions Authority (Eiopa
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