Eiopa warns of declining solvency ratios at EU insurers

By Tyler Davies
18 Aug 2020

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?

Continue reading this article

Try full access to GlobalCapital

Free trial