Regulatory Alerts2025-08-14
GFSC Guidance Note Solvency 2: Capital Add-Ons
The Gibraltar Financial Services Commission issues this guidance to establish the approach for setting Capital Add-Ons (CAOs) for insurance and reinsurance undertakings. The document details the specific circumstances requiring CAOs, such as significant deviations in risk profiles or governance systems, and outlines the methodologies for calculating these capital requirements. It further defines the supervisory process for imposing, monitoring, and removing CAOs to ensure compliance with Solvency 2 standards.
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