Can’t find a specific document or legacy agreement?
Solvency II sets out regulatory and capital requirements for insurance firms and groups, covering financial resources, governance and accountability, risk assessment and management, supervision, reporting and public disclosure.
The Solvency II Directive is a Directive in European Union (EU) law that codifies and harmonises the EU insurance regulation. Solvency II came into effect on 1 January 2016.
The Solvency II supervisory regime consists of the three pillars; Pillar I – Calculation of capital reserves outlines the standard formula insurance companies across the EU have to use for the calculation of their capital reserves covering all types of risk. Pillar II – Management of risks and governance contains the requirements for the management of potential risks and for governance. Pillar III – Reporting and disclosure describes the information and reporting insurance companies across the EU have to submit to the national supervisor and disclose publicly.ISLA Working Groups
Already a member? Login to your account
Interested in Becoming a Member?
ISLA’s members span the breadth and depth of the securities lending industry, and there are many benefits of joining the Association’s network.Become a member today
Sorry! You need to be logged in to access this document.
This premium content is available to ISLA member firms only. If you do not have a login, please use the ‘Request Login’ within the Member login.
If your firm is not a member of ISLA, find out more information regarding our current members, the types of membership we offer, and the benefits of joining.Find out more