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EU insurers can withstand global tensions, though risk hit to capital, Eiopa says

( December 17, 2024, 17:03 GMT | Official Statement) -- MLex Summary: EU insurers are well-positioned to face geopolitical tensions, though such shocks would badly hurt their capital and liquidity positions, according to the 2024 insurance stress test published today by the European Insurance and Occupational Pensions Authority. The results of the exercise "underscore the need for prudent risk management and close supervision given the highly uncertain times we are facing," Eiopa's chair Petra Hielkema said.Press release follows. Documents attached. ...

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