EIOPA’s Market and Credit Risk Comparative Study: Key takeaways
Key takeaways from EIOPA’s comparative study on market and credit risk modelling.
Overall, the first five months of 2020 started off well with a c. 4% increase in direct premiums when compared with the same period in 2019. Strong positive growth is observed in the personal accident and health classes and is offset by declines in the motor and marine business. Due to the COVID-19 pandemic, motor premiums declined.