{"id":23108633,"date":"2025-11-21T10:09:25","date_gmt":"2025-11-21T09:09:25","guid":{"rendered":"https:\/\/www.fma.gv.at\/?page_id=23108633"},"modified":"2025-12-16T08:56:59","modified_gmt":"2025-12-16T07:56:59","slug":"drivers-of-risk","status":"publish","type":"page","link":"https:\/\/www.fma.gv.at\/en\/corporate-provision-companies\/stress-tests-corporate-provision-companies\/drivers-of-risk\/","title":{"rendered":"Drivers of Risk"},"content":{"rendered":"<?xml encoding=\"utf-8\" ?><div class=\"wp-block-cover is-light has-custom-content-position is-position-bottom-right\" style=\"min-height:430px;aspect-ratio:unset;\"><img loading=\"lazy\" decoding=\"async\" width=\"1700\" height=\"716\" class=\"wp-block-cover__image-background wp-image-11752681 size-full\" alt=\"\" src=\"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2025\/07\/Risikotreiber-Cover.jpg\" data-object-fit=\"cover\" srcset=\"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2025\/07\/Risikotreiber-Cover.jpg 1700w, https:\/\/www.fma.gv.at\/wp-content\/uploads\/2025\/07\/Risikotreiber-Cover-320x135.jpg 320w, https:\/\/www.fma.gv.at\/wp-content\/uploads\/2025\/07\/Risikotreiber-Cover-640x270.jpg 640w, https:\/\/www.fma.gv.at\/wp-content\/uploads\/2025\/07\/Risikotreiber-Cover-1536x647.jpg 1536w\" sizes=\"auto, (max-width: 1700px) 100vw, 1700px\" \/><span aria-hidden=\"true\" class=\"wp-block-cover__background has-background-dim\" style=\"background-color:#ab9c9b\"><\/span><div class=\"wp-block-cover__inner-container is-layout-constrained wp-block-cover-is-layout-constrained\">\n<p class=\"has-text-align-right has-medium-font-size wp-block-paragraph\">Drivers of Risk &ndash; Corporate Provision Companies<\/p>\n<\/div><\/div><div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><p class=\"wp-block-paragraph\"><mark style=\"background-color:#ffffff\" class=\"has-inline-color has-black-color\">It is important to differentiate between the drivers of risk for the corporate provision company and the investment group. The largest drivers of risk for corporate provision companies are any guarantee payments, and market and macroeconomic developments. In the case of the investment group, the market and macroeconomic development dominate. Operational risk also plays a role.<\/mark><\/p><p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is important to differentiate between the drivers of risk for the corporate provision company and the investment group. The &#8230;<\/p>\n","protected":false},"author":20,"featured_media":11752677,"parent":23107620,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"landing-page.php","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-23108633","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Drivers of Risk - FMA \u00d6sterreich<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fma.gv.at\/en\/corporate-provision-companies\/stress-tests-corporate-provision-companies\/drivers-of-risk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Drivers of Risk - FMA \u00d6sterreich\" \/>\n<meta property=\"og:description\" content=\"It is important to differentiate between the drivers of risk for the corporate provision company and the investment group. 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