On 17 September, EIOPA published its updated quarterly risk dashboard, based on data provided by certain large insurance groups for Q2 of 2014. The dashboard indicates that the risk environment remains largely unchanged when compared to Q1 of 2014. The only notable changes identified are: (a) signs of improvement in credit risk conditions; (b) reduction of liquidity and funding risk (due to a higher level of issue of catastrophe bonds); and (c) a slight increase in life premiums but a decrease in non-life premiums.