5th Quantitative Impact Study for Non-Life Insurers

Closed 31 Oct 2018

Opened 13 Jul 2018

Overview

The Isle of Man Financial Service Authority (“Authority”) has today issued a consultation paper, CP18-03/T04, which sets out the Authority’s current thinking in respect of the assessment of the capital adequacy of insurers and reinsurers undertaking non-life insurance business, including the valuation of the assets and liabilities for solvency purposes. Together with the accompanying Technical Specifications it sets out the approach which the Authority requires Isle of Man non-life insurers and reinsurers to test in the fifth Quantitative Impact Study (QIS5).

Why We Are Consulting

The responses to this consultation paper and the results of QIS5 will be used to further develop the Authority’s view on the capital adequacy regime for non-life insurers.

Areas

  • All Areas

Audiences

  • Anyone from any background

Interests

  • Policies, strategies & plans
  • Finance