In 2017, as part of the pillar 3 of Solvency II on disclosure, all (re)insurance companies will disclose to the public for the first time a report on their solvency and financial condition (SFCR).
The information provided will be both qualitative and quantitative, meaning not only solve
FERMA has launched a campaign to change misperceptions of captive insurance by tax authorities and other public bodies.
As a starting point, FERMA has today published a position paper on captive insurance companies, which it will submit to the OECD so that the
Consistent implementation of Solvency II across the EU is the only guarantee that European insurance buyers will benefit from a new level playing field to optimise the protection of their organisation.
The article has been originally published by Captives Review on 3 December 2015.