Regulatory Alerts2025-06-09
GFSC Guidance Note on Solvent Exit Planning for Insurers
The Gibraltar Financial Services Commission requires all Gibraltar insurers to prepare a Solvent Exit Analysis as part of their business-as-usual activities to ensure an orderly market exit. This analysis must detail potential exit options, trigger indicators, resource requirements, and governance arrangements to mitigate risks associated with ceasing regulated insurance activities. When a solvent exit becomes a reasonable prospect, firms must additionally produce and execute a Solvent Exit Execution Plan to manage the process effectively.
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