DNB Issues Insurance Newsletter for May 2018

By Regulatory News

May 31, 2018

Solvency II

DNB issued insurance newsletter for May 2018. The newsletter highlighted that Solvency II was the theme of the DNB insurance meeting conducted on April 25, 2018. The key topics discussed during the meeting include progress made since the introduction of Solvency II and the areas that are open to improvement. The newsletter notes that DNB issued questions and answers (Q&A) for consultation regarding proportional interpretation to the Own Risk and Solvency Assessment (ORSA). DNB has also published a fact sheet on proportionality, which provides insight into proportionality in Solvency II. The newsletter states that DNB had also published results of a study on proportional and effective supervision.

The other focus areas of the newsletter include the following:

Evaluation of the onsite supervision of insurers and pension funds
Update on the steps taken by health insurers in controlling the risk of conflicts of interest and corruption
The specifications and corresponding scenarios for the European stress test published by EIOPA
Update on DNB research regarding insurance management, with the research highlighting that insurers pay sufficient attention to the integrity risks of tax structures
Update on calendar for insurers

Related Links (in Dutch)

Keywords: Europe, Netherlands, Insurance, Newsletter, Solvency II, Proportionality, QIS Calendar, DNB

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