Europe’s Insurers, Pension Cos. Still Face Risk, EIOPA Says
The macroeconomic environment remains fragile for Europe’s insurers and occupational pensions companies despite signs of improvement in the last six months, the European Union’s top insurance regulator said on Tuesday.
The European Insurance and Occupational Pensions Authority said in a financial stability report that both sectors face challenges, partly due to uncertainty caused by national elections and the U.K.’s Brexit negotiations, which began in Brussels on Monday.
The industries also face obstacles due to the growing risk of terrorism and cyberattack, the Frankfurt-based regulator said in…
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