Events listed in Solvency II Directive
Cofnięcie zezwolenia wobec zakładu ubezpieczeń NOVIS
ID 23608
On June 14, 2023, the Polish Financial Supervision Authority, KNF, published a statement to inform of the following: On June 1, 2023, the National Bank of Slovakia (NBS) decided to revoke the authorization of NOVIS Insurance Company, NOVIS Versicherungsgesellschaft, NOVIS Compagnia di Assicurazioni, NOVIS Poist’ovňa (collectively referred to as NOVIS) to conduct insurance activities. NOVIS is a life insurance company registered in Slovakia since ...
2023/0167/COD: Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE ...
ID 23422
A new proposed „omnibus“ directive as regards modifications to various directives, including the UCITS Directive, the Solvency II Directive, the Alternative Investment Fund Managers Directive (AIFMD), the Markets in Financial Instruments Directive II (MiFID II), and the Insurance Distribution Directive (IDD), was published in the Official Journal (OJ) of the EU. The overall objective of the proposed „omnibus“ directive is to implement targeted measures ...
[JC 2023 16 ] Consultation Paper on draft implementing technical standards amending ...
ID 23412
The ESAs have started a consultation on their draft ITS that amend the ImplReg (EU) 2016/1800. The regulation pertains to the allocation of credit assessments of ECAIs to an objective scale of CQS in accordance with Solvency II, presenting a revised draft of the ITS on the mapping of ECAIs‘ credit assessments. The paper highlights that **insurance or reinsurance undertakings can use external credit ...
Asset Management
conference / webinar
Anmeldung zur Jahreskonferenz der Versicherungsaufsicht ab sofort möglich
ID 23343
In einer Veröffentlichung weist die BaFin auf die für den 31. August 2023 geplante Jahreskonferenz der Versicherungsaufsicht hin. Die diesjährige Konferenz der Versicherungsaufsicht setzt den Fokus auf künftige Herausforderungen der Versicherungswirtschaft. Nach einer Eröffnungs-Keynote von Petra Hielkema (EIOPA) wird eine hochkarätig besetzte Paneldiskussion stattfinden, moderiert von Dr. Frank Grund (BaFin). Teilnehmer der Diskussion sind Jörg Asmussen (Gesamtverband der De ...
Commission Implementing Regulation (EU) 2023/967 of 16 May 2023 laying down ...
ID 23279
Commission Implementing Regulation (EU) 2023/967 was published in the Official Journal (OJ) of the EU. The purpose of the regulation is to provide information necessary for insurance and reinsurance companies to calculate „technical provisions and basic own funds for reporting with reference dates from 31 March 2023 until 29 June 2023“. The following information is set out in the regulation: (1) the relevant risk-free ...
Krystian Wiercioch, Zastępca Przewodniczącego Komisji Nadzoru Finansowego, wystąpił ...
ID 23195
The Polish Financial Supervision Authority (KNF) has published a summary of the speech that was held by Mr. Krystian Wiercioch, Deputy Chairman of the KNF, at the opening of the 10th PIU Congress. While many issues addressed by the Deputy Chairman are similar to those addressed by the Chairman itself, Mr. Jacek Jastrzębski, **the Deputy Chairman also outlines the regulatory focus of the KNF ...
Commission Implementing Regulation (EU) 2023/895 of 4 April 2023 laying down ...
ID 23129
New Commission Implementing Regulation (EU) 2023/895 as regards technical standards for the disclosures to be made by insurance and reinsurance undertakings in their solvency and financial condition report was published in the Official Journal (OJ) of the EU. The new Implementing Regulation entirely replaces the previous regulation in this context, namely Commission Implementing Regulation (EU) 2015/2452, due to the large number of changes that ...
Commission Implementing Regulation (EU) 2023/894 of 4 April 2023 laying down ...
ID 23128
New [Commission Implementing Regulation (EU) 2023/894]() as regards technical standards for the information to be provided by insurance and reinsurance undertakings for supervisory purposes was published in the Official Journal (OJ) of the EU. The new Implementing Regulation entirely replaces the previous regulation in this context, namely [Commission Implementing Regulation (EU) 2015/2450](), due to the large number of changes that have been made to ...
A Risk Dashboard for the Italian insurance sector
ID 23102
The IVASS has published „Quaderno n.26 – A Risk Dashboard for the Italian insurance sector“, which presents the general characteristics of the risk dashboard as a macroprudential supervision tool which collects indicators of risks for the financial sector, and explains why it could be useful for monitoring specific risks in the insurance sector. The paper contains a brief description of two risk dashboards at ...
Mit Szenarioanalysen sichern sich Versicherer gegen Klimarisiken ab
ID 22542
Der GDV informiert in seiner Publikation zum Thema „Klimawandelszenarien im ORSA“ über die Veröffentlichung der zweiten Version des Arbeitspapiers, das die Versicherungsunternehmen bei der Bewertung wesentlicher Klimawandelrisiken im Rahmen des ORSA-Berichts unterstützen soll. Das Arbeitspapier zeigt den Unternehmen exemplarisch auf, wie sie Klimawandelrisiken im ORSA bearbeiten und sich den Anforderungen der Aufsichtsbehörden annähern können. Die tatsächliche Ums ...