In a recent edition of the Eurofi Newsletter, Gabriel Bernardino, Chairman of EIOPA, provided his views on the potential of insurers as a source for SME financing. He states that the availability of financing for SMEs is a crucial factor for economic growth and that SMEs represent more than 98% of all enterprises in the EU and account for roughly 67% of total employment. He explains however that investors might be exposed to higher risks as SMEs benefit less from diversification and are generally more likely to experience difficulties in obtaining funds.

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