Press release 16 December 2021

Results published for the stress tests of European insurance companies

The European Insurance and Occupational Pensions Authority (EIOPA) has today published the results of its stress test of European insurance companies.

The Finnish insurance companies participating in the stress test exercise were OP Financial Group and Sampo Group.

EIOPA carries out regular stress testing on insurance companies to assess how well the European insurance industry is able to cope with severe but plausible adverse developments in financial and economic conditions. Supervisors use the stress test results to, for example, identify vulnerabilities in the insurance industry.

The 2021 stress test focused on a prolonged COVID-19 scenario in a ‘lower for longer’ interest rate environment and evaluated its impacts on the capital and liquidity positions of the insurance companies.

The entities participating in the stress test may publish their results on a voluntary basis. Links to the results published by the companies are available on EIOPA's website.