EIOPA’s Market and Credit Risk Comparative Study: Key takeaways
Key takeaways from EIOPA’s comparative study on market and credit risk modelling.
Unprecedented shifts in demand, operational disruption and shocks to financial markets have affected all aspects of the Irish insurance industry, including life, non-life and health insurers and reinsurers. European regulators are engaging with insurers to better understand the potential financial and operational risks associated with the COVID-19 pandemic. They’re providing operational flexibility to insurers and reinsurers on reporting deadlines and data requests. And while the pandemic is testing the industry’s resilience, it could also present opportunities.