On 14 May 2018, EIOPA announced the launch of its fourth stress test for the European insurance sector. An EIOPA webpage on the stress test has also been published. Among other things, this contains specifications, templates and a set of frequently asked questions and answers.
For each stress test, EIOPA tailors the scope and scenarios according to developments in market conditions and their potential negative implications for insurers. The 2018 scenarios encompass a combination of market and insurance specific risks, including a natural catastrophe scenario.
The deadline for submission of results to the national competent authorities is 16 August 2018. EIOPA says that it will regularly publish questions and answers addressing queries from the participating groups. The publication of the stress test results is planned in January 2019.