On 8 June 2015, EIOPA published its updated quarterly risk dashboard, based on data provided by certain large insurance groups for Q1 of 2015. This data shows that the risk environment facing the insurance sector remains challenging. Specific points highlighted include that (a) market, liquidity and funding risks have not changed since the last review, (b) profitability continues to be challenged by low interest rates and (c) the risk sensitiveness introduced in Solvency II capital requirements will increase awareness of exposure to products with long-term guarantees (EIOPA notes that in light of this, firms will likely adapt their business models and/or asset and liability management strategies).