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Financial stability report. June 2026

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      <subfield code="a">Financial stability report.  June 2026</subfield>
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      <subfield code="a">foreword by the chairperson -- executive summary -- key developments and risks -- macro and market risks -- climate risk, sustainable finance and natural catastrophe events -- regulatory developments and implications for financial stability -- the european insurance sector -- the european reinsurance sector -- the european occupational pension sector -- risk assessment -- results of the spring survey -- quantitative risk assessment -- impact of geoeconomic fragmentation -- repricing of risk premia -- alternative assets exposures -- continuity at a price? key challenges to credible resolution funding under the irrd -- sectorwide stress tests: does the disclosure of individual results affect the market performance of insurers?</subfield>
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      <subfield code="a">EIOPA's Financial Stability Report on the insurance, reinsurance and occupational pensions sectors in Europe for 20252026. It analyses the macro-financial environment (inflation, interest rates, volatility, geo-economic fragmentation), market and credit risks, cyber and digitalisation/AI risks, and climate and natural disaster risks. It assesses solvency, liquidity, profitability and investment behaviour, including private credit and alternative assets, as well as exposure to sovereigns and the banking sector. It reviews regulatory developments (the Solvency II review, DORA, IRRD, ESG guidelines) and the results of surveys of supervisors. It includes an analysis of credible resolution funding under the IRRD and of the impact of stress test disclosures on insurers' stock market performance. It concludes that the sector remains resilient, with variations across business lines, and recommends vigilance regarding shocks to risk premiums and structural risks

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