New challenges in macroprudential policies for the European insurance sector

The aim of the project is to address open questions related to macroprudential policies for the European insurance sector. It intends to shed a light on the market reaction to disclosures of EU-wide stress test information and their potential to reduce systemic risk in markets through the increase of transparency in insurance sectors, in particular during crisis periods. Furthermore, we plan to investigate whether EU-wide stress tests affect insurers’ dividend distribution policies by reducing agency costs. Moreover, we will also explore new areas related to sustainable finance that are important to address to avoid any potential financial instability in the future.