DNB Issues Insurance Newsletter for September 2017
DNB issued insurance newsletter for September 2017. In this month’s newsletter, DNB insists that insurers keep an eye on solvency without Ultimate Forward Rate (UFR) and the Volatility Adjustment. Solvency II contains a number of elements aimed at (market) damping volatility of the Solvency II ratio of insurers. These include UFR extrapolation and the Long-Term Guarantee measures, including Volatility Adjustment.
Other focus areas include the following:
- Progress on the DNB’s research on the impact of regulation this year
- DNB guidance on principles on data quality management by insurers in relation to Solvency II
- DNB introducing further rules on remuneration policy, in the concept of managed remuneration policy 2017 (Rbb 2017)
- DNB publishing the Good Practice Integrity Risk Appetite after processing the responses to the previously published draft document
- DNB organizing an information meeting on November 06, 2017
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Keywords: Europe, Netherlands, Insurance, Newsletter, Solvency II, QIS Calendar, UFR, DNB
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