Watchdog gives Europe's insurers all clear in health check
Share:
FRANKFURT (Reuters) - Europe's biggest insurers successfully withstood the latest tests of their ability to cope with severe market shocks, the European Union's insurance watchdog said on Friday.The European Insurance and Occupational Pensions Authority (EIOPA ) published results of this year's stress test of 42 insurers, representing around 75 percent of the market."On aggregate, the sector is adequately capitalized to absorb the prescribed shocks," EIOPA said in its report. Although EIOPA..