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31 August 2017

EIOPA’s Risk Dashboard – first quarter 2017 - shows relative stable risk exposure of the European Union insurance sector


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The European Insurance and Occupational Pensions Authority (EIOPA) published its updated Risk Dashboard based on the first-quarter 2017 data. The Risk Dashboard presents EIOPA's quarterly risk assessment of the European Union insurance industry.


With the implementation of the Solvency II regime in January 2016 substantial improvements as regards the risks' quantification and the reporting standards were introduced. The enhanced data of all (re)insurance undertakings subject to the Solvency II regime is the basis of the newly developed and improved analytical Risk Dashboard.

The results show that the risk exposure of the insurance sector in the European Union remained overall stable in the first quarter 2017 with Solvency II ratios remaining strong and stable for groups whereas a slight deterioration has been observed particularly for solo non-life insurance undertakings. Volatility has decreased and global inflation rates are fluctuating near the 2% medium-term inflation target. 

Despite these positive signs, the continuing low-yield environment and the observation that market fundamentals might not properly reflect the underlying credit risk are still important concerns for the European insurance industry. Nevertheless, market perception is relatively stable with some signs of improvement in the Credit Default Swap spreads.

Risk dashboard



© EIOPA


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