Regulatory Alerts2025-09-30
Guidance Notes and Information Concerning Insurance (Valuation and Solvency) Regulations
The Isle of Man Financial Services Authority issued this guidance to clarify compliance with the Insurance Regulations 2025 and related valuation rules for authorised insurers. It mandates specific procedures for electronic return submissions, including sign-off requirements and previous period data handling, while detailing the treatment of assets subject to security interests in solvency calculations. The document further outlines requirements for ancillary own-funds applications, proportionality assessments, and board reporting obligations for non long-term business insurers.
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