Source: Cengage Learning
The Frankfurt, Germany- based European Insurance and Occupational Pensions Authority said 221 insurance and reinsurance groups and companies in the European Union, the European Economic Area and Switzerland-- with a market share of about 60%-- took part in the study testing their ability to maintain minimum capital levels despite macroeconomic shocks that include inflation, interest rates, credit and insurance risks.
You need an Insider Subscription to read this article.
As an insider you get access to the most in-depth coverage including:
- Industry-specific News
- Expert Insights
- Market Trends
- Sales Tools & Strategies
