European regulator calls on insurers for business continuity amidst virus battle
With WHO warning that Europe is the new 'epicentre' of COVID-19 given its surging number of cases and related deaths, insurers there are likely to face progressively more difficult conditions navigating challenging market conditions and in maintaining operations, according to the European Insurance and Occupational Pensions Authority (EIOPA). Read also COVID19 checklist for pension schemes The independent European Union financial regulatory institution said it is monitoring the COVID-19 situation very closely in close communication and cooperation with the other European...