BaFin Publishes Its Priorities on Insurance Supervision for 2018
BaFin published its priorities on insurance supervision for 2018. The insurance supervisory authority sets its priorities annually for the effective and efficient use of resources, in particular in the interests of risk-oriented supervision.
The priorities for 2018 are as follows:
- Cyber security (for specific insurers)
- How Insurers (standard formula users) deal with the Economic Scenario Generators in measuring the technical provisions under solvency II
- Sustainability in the investment of insurers and pension funds
- Analysis of a possible "search for yield" behavior of pension funds when investing their investments
- Premiums, losses, and loss development in property and casualty insurance
- Claim provisions (for selected property and casualty insurers)
- Evaluation of Regular Supervisory Reporting
Related Link (in German): Press Release
Keywords: Europe, Germany, Insurance, Solvency II, Regular Supervisory Reporting, Cyber Risk, BaFin
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