The proposal for a directive on the recovery and resolution of insurance and reinsurance companies enshrines the no creditor worse off principle as provided for in the Bank Recovery and Resolution Directive.
The European Insurance and Occupational Pensions Authority ("EIOPA") is entrusted with issuing guidelines and recommendations to Member States' supervisory authorities on how insurance and reinsurance undertakings...
ASF Regulation 3/2021-R, issued by the Insurance and Pension Funds Supervisory Authority, was approved on 13 April 2021 and revokes ASF Regulation 3/2016-R of 12 May 1.