Commission Delegated Regulation (EU), of 8 March 2019, amending Delegated Regulation (EU) 2015-35 supplementing Directive 2009-138-EC of the European Parliament and of the Council on the taking-up...

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      <subfield code="a">Directive 2009/138/EC ('Solvency II'), as amended by Directive 2014/51/EU ('Omnibus II'), entered into application on 1 January 2016, replacing 14 existing directives (commonly referred to as 'Solvency I'). It introduces a modern and harmonised framework for the taking-up of business and supervision of insurance and reinsurance undertakings in the Union. Through the definition of risk-based capital requirements across all EU Member States, it allows for a risk-based regulation, enabling a better coverage of the real risks faced by insurers, and contributing to the dual objective of protecting policyholders and preserving the stability of the financial system</subfield>
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