The SFCR and Other Public Reporting -
Introduction -
The Solvency II regime, as legislated in the Solvency II Directive and elaborated upon in Chapter XII of the EU Commission Level 2 Delegated Regulation (2015/35), is...more
11/13/2024
/ EIOPA ,
EU ,
European Commission ,
Financial Institutions ,
Financial Reporting ,
Insurance Industry ,
New Legislation ,
Pillar 3 ,
Prudential Regulation Authority (PRA) ,
Public Disclosure ,
Regulatory Agenda ,
Reinsurance ,
Reporting Requirements ,
Solvency II ,
UK
“The value of technical provisions should correspond to the amount which another insurance or reinsurance undertaking (the reference undertaking) would be expected to require to take over and fulfil the underlying insurance...more
1. Background to the Matching Adjustment -
“Where insurance and reinsurance undertakings hold bonds or other assets with similar cash flow characteristics to maturity, they are not exposed to the risk of changing spreads...more