Regulatory Alerts2025-08-14
GFSC Guidance Note Solvency 2: Group Supervision
The Gibraltar Financial Services Commission issues this guidance to set expectations for insurance and reinsurance undertakings regarding group supervision under the Insurance Companies Regulations 2020. The document details requirements for assessing insurance holding companies, calculating group solvency capital using specific methods, and determining the availability and transferability of group own funds. It further mandates that firms manage risks from excluded entities and provide robust evidence that capital can be made available to the group within nine months.
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