Second, the cost of employee benefits has risen more slowly, especially the cost of employer-provided health care, tempering the rise in compensation per hour. Third, most recently, energy prices have declined sharply this year and food prices are increasing less rapidly. Fourth, the price of computers is falling even faster, reflecting, in part, the rapid pace of technical change.
In addition, survey results by EIOPA indicate that insurers have adjusted largely by focusing on diversification into non-life and asset management businesses or lowering of the guaranteed rates on new policies. 3  2  EIOPA (2014). “EIOPA Insurance Stress Test 2014”, available at https://eiopa.europa.eu. 3  EIOPA (2014), “Low https://eiopa.europa.eu.