Reinsurance captive companies are covered by the solvency regime in force in Switzerland under the ISO.
The solvency regime laid down in this Directive is expected to result in even better protection for policy holders.
Those decisions shall be regularly reviewed to take into account any changes to the solvency regime laid down in Title I, Chapter VI, and to the solvency regime in the third country.
They are of a much more volatile nature than they were under the previous solvency regime.
it has a solvency regime that is risk based and establishes quantitative and qualitative solvency requirements and requirements relating to supervisory reporting and transparency
Those delegated acts shall be regularly reviewed, to take into account any significant changes to the supervisory regime laid down in Title I, Chapter VI, and to the supervisory regime in the third country.
SCOR’s solvency level is strongly anchored in the “Vision in Action” plan, enabling optimal use of its capital under the Solvency II regime.
(17) The solvency regime laid down in this Directive is expected to result in even better protection for policy holders.
The solvency regime laid down in this Directive is expected to result in even better protection for policy holders.
(17) The solvency regime laid down in this Directive is expected to result in even better protection for policy holders.
The solvency regime laid down in this Directive is expected to result in even better protection for policy holders.
it can be shown that a solvency regime capable of being assessed equivalent in accordance with paragraph 4 is currently in place or may be adopted and applied by the third country
(d) it has a solvency regime that is risk based and establishes quantitative and qualitative solvency requirements and requirements relating to supervisory reporting and transparency;
it has a solvency regime that is risk based and establishes quantitative and qualitative solvency requirements and requirements relating to supervisory reporting and transparency;
Moreover, the credit risk mitigation techniques applied in the solvency regime were designed with the assumption of a well-diversified credit risk.
Wherein accordance with paragraph 4 the Commission adopts a decision on equivalence of the solvency regime in a third country, paragraph 2 shall not apply.
Moreover, the credit risk mitigation techniques applied in the solvency regime were designed with the assumption of a well-diversified credit risk.
The Commission may adopt delegated acts in accordance with Article 301a specifying the criteria for assessing whether the solvency regime of a third country is equivalent to that laid down in Title I, Chapter VI.
It took about fifteen years to develop the new solvency regime, which applies from 1 January 2016 to about 5000 (re) insurance undertakings in the European Economic Areas (EAA).
it can be shown that a solvency regime capable of being assessed equivalent in accordance with paragraph 4 is currently in place or may be adopted and applied by the third country;
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