Regulatory Alerts2025-03-28
GFSC Guidance Note on Insurance Group Supervision
The Gibraltar Financial Services Commission issued this guidance to set out regulatory expectations for Gibraltar insurers 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 of group own funds. It further mandates rigorous reporting on risk profiles, single solvency assessments, and the handling of capital restrictions within multinational insurance groups.
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