Eiopa launches second insurer stress test

Eiopa launches second insurer stress test

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The European Insurance and Occupational Pensions Authority (Eiopa) has launched a second Europe-wide stress test for the insurance sector, which will be conducted until the end of May and is based on 2010 financial results.

The test will include a minimum of 50% of insurance companies per country measured by gross premium income and Eiopa says it expects to publish the aggregated results in July 2011. The Swiss Financial Market Supervisory Authority (Finma) will also participate in the stress

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