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September 26, 2018

DNB issued insurance newsletter for September 2018. The newsletter highlights that DNB is inquiring about the risks of a hard Brexit among a group of large insurers. DNB wants to gain more insight into the extent to which insurers are exposed to the risks of a hard Brexit, the extent to which insurers are aware of these risks, and the mitigating measures taken by insurers.

The newsletter mentions that the insurers must prepare a regular supervisory report at least once every three years, unless DNB requests a different frequency. This reporting obligation is laid down in the Solvency II regulations. The newsletter also includes an updated calendar on the insurance sector.


Related Links (in Dutch)

 

Keywords: Europe, EU, Netherlands, Insurance, Solvency II, Brexit, Reporting, QIS Calendar, DNB 

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