EIOPA Publishes Solvency II Statistics on European Insurance Sector
EIOPA published its first set of comprehensive statistical information on the European insurance sector based on Solvency II regulatory reporting. The statistics contain up-to-date and high-quality data, including country breakdowns and distributions of key variables, providing a comprehensive picture of the European insurance sector and allowing comparability. The statistics will be published on a quarterly basis, starting with the third-quarter of 2016.
They include aggregated country-level information about the balance sheet, own funds, capital requirements, premiums, claims, and expenses based on regulatory reporting of nearly 3,000 insurance undertakings operating in Europe. Every publication is accompanied by a description of key aspects linked with the published statistics. Over time, EIOPA will gradually increase the scope and level of detail of the statistics. Future releases will also provide end-year information and key profitability and financial stability indicators for the largest European insurance groups and undertakings on an aggregated level.
Related Link: EIOPA Insurance Statistics
Keywords: Europe, EIOPA, Insurance, Solvency II, Regulatory Reporting, Statistics
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