Article summary
The European Insurance and Occupational Pensions Authority (EIOPA) has issued a consultation on the supervisory statement (SS) on run-off undertakings under Directive 2009/138/EC on the taking-up and pursuit of the business of insurance and reinsurance (EU Solvency II). The supervisory statement covers the authorisation of acquisition of run-off undertakings or portfolios, ongoing supervision, and prudential and conduct of business issues. Responses are requested by 17 October 2021.
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