Questions and Answers
The European Insurance and Occupational Pensions Authority
(EIOPA) has published the results of the 2014 EIOPA Stress Test
Exercise. The exercise was conducted by EIOPA in conjunction with
the national competent authorities responsible for insurance
supervision in these Member States.
The purpose of the 2014 Stress Test Exercise was to develop
criteria for the identification and measurement of systemic risk
and an adequate stress testing regime which includes an evaluation
of the potential for systemic risk that may be posed by financial
institutions to increase in situations of stress. This stress
testing regime shall help to identify those financial institutions
that may pose a systemic risk. These stresses were calibrated with
the consultation of the European Systemic Risk Board (ESRB).