ARTICLE
5 February 2016

Solvency II And Dividends On Ordinary Shares

DB
De Brauw Blackstone Westbroek N.V.

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De Brauw Blackstone Westbroek is a leading international law firm, trusted by clients for over 150 years due to its deep engagement with their businesses and a clear understanding of their ambitions. While rooted in Dutch society, the firm offers global coverage through its network of top-tier law firms, ensuring seamless, tailored legal solutions. De Brauw’s independence enables it to choose the best partners while remaining a trusted, strategic advisor to clients worldwide.

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From January 2016, dividends declared on an insurer's ordinary shares must be cancellable on a breach of the Solvency Capital Requirement (SCR) at any time up until payment...
Netherlands Insurance

From January 2016, dividends declared on an insurer’s ordinary shares must be cancellable on a breach of the Solvency Capital Requirement (SCR) at any time up until payment if they are to qualify as Tier 1 own funds.

Senior Counsel Daniëlle Pos co-authored a practical outline of what this means in practice and how different jurisdictions have interpreted this requirement.

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Click here to download the publication.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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