On 30 December 2016, IVASS issued a Clarification on the provisions of Regulation No. 27 of 15 October 2008, as amended by Regulation No. 24 of 6 June 2016 (see our Newsflash n. 8), on the assessement of technical reserves for some specific contracts (“Clarification”).
In particular:
On 6 December 2016, IVASS (the Italian Insurance Supervisory Authority) published Regulation n. 33, concerning public disclosure and reporting.
The Regulation, which will enter into force the day after its publication in the Italian Official Gazette, aims at implementing the following EIOPA Guidelines:
[Newsflash n. 8]
On 6 June 2016, IVASS (the Italian Insurance Supervisory Authority) published Regulation n. 24 on investments and coverage of technical reserves (“Regulation 24/2016”), which replaces the previous IVASS Regulation n. 36/2011 and implements in Italy the EIOPA Guidelines on System of Governance.
The new regulation removes the quantitative investment limits of Regulation 36/2011 and […]