What Directive (EU) 2023/2 of the European Parliament and of the Council of 15 December 2022 amending Directive 2009/138/EC as regards the long-term equity investment category, the extrapolation method, group supervision, cross-border business, run-off and proportionality for small insurers requires
This directive amends Solvency II to introduce a new long-term equity investment capital treatment, revise the extrapolation method for longevity risk, enhance group supervision, facilitate cross-border operations, establish a run-off regime, and improve proportionality for smaller insurers. It applies to all insurance and reinsurance undertakings operating in the EU under Article 1 of Directive (EU) 2023/2.
Pillar: Insurance & Risk · Authority: European Commission · Version: 1.0.1 · Last updated:
Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32023L0002
SHA-256 integrity: b7eeb5b86037ea047f1f895fe917e192b57df7c9128d782ad0caded97e800e32
Primary Citations — 5 traced to source
- Directive (EU) 2023/2, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32023L0002, Article 77b, 2023
- Directive (EU) 2023/2, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32023L0002, Article 110a, 2023
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