On December 18, the European Insurance and Occupational Pensions Authority (“EIOPA“) published an updated version of its risk dashboard (dated December 19), together with a background note (dated December 4).

EIOPA states that the risk environment facing the insurance sector remains challenging. Among others, the dashboard suggests that the overall outlooks for macroeconomic risks seems to be worsening, and that profitability challenges remain, due to low investment yields.