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GC Asia
Eiopa warns of declining solvency ratios at EU insurers
The European Insurance and Occupational Pensions Authority (Eiopa) has told market participants to watch out for ‘further deterioration’ in solvency capital ratios, as insurers grapple with declining asset quality during the coronavirus pandemic.
Eiopa set out its thoughts this week in an updated risk dashboard, which took account of the latest available data in the European insurance sector.
The supervisor noted that solvency capital ratios (SCRs) had declined by about 12 percentage points over the first quarter, falling to an average ...Already a subscriber? Login
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