Dutch regulator to begin Solvency II test on insurers

Dutch regulator to begin Solvency II test on insurers

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The Dutch financial regulator, De Nederlandsche Bank (DNB), is to begin assessing insurers’ readiness for Solvency II.

The DNB is to run Solvency II tests in parallel with those it undertakes for Solvency I from May 1, 2012. The test will focus on Solvency II’s Pillar I quantitative requirements and the associated reporting requirements under Pillar III, the regulator said.

All Dutch insurers falling within the scope of the directive will be required to calculate their solvency positions for

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