2023-03-14
Added · Updated
Pillar 3 of Solvency II establishes public disclosure and supervisory reporting requirements for insurers at both solo and group levels. Insurers must publish an annual Solvency and Financial Condition Report and submit supervisory reports containing quantitative data and an own risk and solvency assessment to the authority. The framework mandates reporting on predefined material events and requires a clearly defined policy governing public disclosures and supervisory reporting.