Regulatory Alerts2015-03-27
Added · Updated
Q&A: Insurer Use of Matching Adjustment Under Solvency II
Insurers may apply for prior approval to use a matching adjustment for specific portfolios of insurance obligations under Solvency II, with applications accepted from 1 April 2015. The DNB assesses compliance with legal conditions and the accuracy of information provided, requiring submissions via the E-line application in accordance with Implementing Technical Standards. The supervisory authority issues a decision within six months of receiving a complete application package, with joint decisions made for insurance groups alongside the College of Supervisors.