On 30 June 2016, the Dutch Central Bank (De Nederlandsche Bank, DNB) published a news item on the round-table session between the Dutch Association of Insurers (Verbond van Verzekeraars), DNB and representatives of small and medium sized insurers that took place on 31 May 2016. The round-table session focused on proportional supervision of insurers.
DNB believes that proportionality in the supervision of insurers under the Solvency II-framework makes it possible for the Dutch regulators to take into account the nature, size and complexity of the insurers when performing their supervisory tasks. As a result, certain insurers (which are smaller in size and have a less complex organisation) will be able to meet the requirements under the Solvency II-framework more easily, while other insurers (in particular larger insurers) may need to take additional measures to meet the same requirements.
View DNB’s new item (Dutch only), 30 June 2016.