Regulatory Alerts2016-09-30
Added · Updated
Good practices on capital policy for insurers
The document provides guidance for insurers on drafting capital policies that define internal solvency standards, the composition of own funds and debt, and capital withdrawal procedures. It requires insurers to establish safety margins based on objective measures, integrate the policy with the Preparatory Crisis Plan and Own Risk and Solvency Assessment, and review the policy at least annually. Specific provisions address long-term liability insurers, health insurers, and insurance groups, mandating consistency in group-level safety margins and premium policy integration.