Regulatory Alerts2014-10-10
Added · Updated
Commission Delegated Regulation (EU) 2015/35 supplementing the Solvency II Directive
The European Commission adopted Delegated Regulation (EU) 2015/35 to supplement Directive 2009/138/EC (Solvency II) by establishing detailed technical standards for insurance and reinsurance undertakings. This regulation specifies the requirements for the calculation of the solvency capital requirement, the minimum capital requirement, and the technical provisions that insurers must maintain. It applies directly to insurance and reinsurance entities operating within the European Economic Area to ensure consistent regulatory implementation across member states.