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    DNB Publishes Banking and Insurance Newsletters for January 2019

    January 31, 2019

    DNB issued the banking and insurance newsletters for January 2019. The banking newsletter highlights that the Basel Committee published the revised market risk framework. The insurance newsletter features an interview with Olaf Sleijpen, DNB division director Supervision Insurers, highlighting that insurers must respond well to changes related to economic environment, new risks, and customer needs.

    As part of the other key highlights of the newsletters, DNB:

    • Expects banks to pay more attention to the management of climate-related risks
    • Examines the applications of artificial intelligence within the Dutch banking system and their implications for risk management, governance, regulation, and supervision
    • Mentions recent publications by ECB, EBA, EC, and other international forums
    • Asks non-life insurers to better substantiate their choices when purchasing the reinsurance program
    • Published the final question and answer (Q&A) on guarantees in purchase agreements
    • Updated calendars for banks and insurers

     

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    Keywords: Europe, Netherlands, Banking, Insurance, Newsletter, QIS Calendar, Basel, Market Risk, DNB

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