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Title (English)
Title (German)
Kind
Approval
Due Diligence
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Record Keeping
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Frequency
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Regulation-wide (no rule set)
Insurance and reinsurance companies
Complexity (0–5)
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Sustainability
Description (English)
Insurance and reinsurance companies must take actions to assess and manage the risk of loss or adverse changes in the value of insurance and reinsurance liabilities resulting from inadequate pricing and provisioning assumptions, including sustainability risks.
Description (German)
Versicherungs- und Rückversicherungsunternehmen müssen Maßnahmen zur Bewertung und Steuerung des Verlustrisikos oder der nachteiligen Veränderung des Werts von Versicherungs- und Rückversicherungsverbindlichkeiten aufgrund unzureichender Preis- und Reservierungsannahmen ergreifen und dabei Nachhaltigkeitsrisiken einbeziehen.
Affected products/services (English)
Insurance and reinsurance business
Affected products/services (German)
Versicherungs- und Rückversicherungsgeschäfte
Checking responsibility (English)
Checking responsibility (German)
Check method (English)
Check method (German)
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