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International

Insurers in E.U. might struggle to meet obligations to policyholders: Watchdog

December 01, 2014 Reprints

The European Insurance and Occupational Pensions Authority has said that about 24% of insurers could face difficulty in meeting their obligations to policyholders in eight to 11 years time, Bloomberg reports.

The statement comes after the EIOPA's stress test of the industry. Insurers might not be able to maintain solvency capital ratios if low interest rates continued for a long period, EIOPA said.

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Insurers in E.U. might struggle to meet obligations to policyholders: Watchdog

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