BaFin Updates Reporting Instructions for Insurers Under Solvency II
BaFin updated notes on reporting information for primary and reinsurance companies under Solvency II. It is addressed only to insurance companies and groups that are covered by the Solvency II regime. The updated notes are divided into a section on general introduction into the subject matter, detailed notes on quantitative and narrative reporting, the peculiarities of reporting on the solvency capital requirement for internal model users, and reporting for the purpose of financial stability. Compared to the previous update, this time, the focus is on the elements of narrative reporting.
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Keywords: Europe, Germany, Insurance, Solvency II, Reinsurance, Reporting, Instructions, BaFin
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