Ceiops stress test highlights industry resolve in the face of crises
Ceiops has declared that in an adverse scenario, which mirrored the development of capital markets between the end of September 2008 and the end of September 2009, its recent exercise resulted only in a marginal impact of a loss of 10bn euro, representing a 3% reduction of the available capital of the participating groups.
The Committee of European Insurance and Occupational Pensions today presented to the members of the EU Economic and Financial Committee the findings of its European wide stress test exercise for the
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