Subgroup supervision

If an insurance company whose head office is supervised by a national supervisory authority has a significant market share in another EU member state through a branch or an institution belonging to the group, the supervisory authority of that country can subject this subgroup to its supervision in the course of Solvency II. The same applies if a subgroup becomes financially distressed. – See consolidating supervisor, fragmentation, supervisory. – See BaFin Annual Report 2006, pp. 54 f. (CEIOPS proposals; problems in connection with third-country supervision), BaFin Annual Report 2010, pp. 110 f. (expansion of insurance group supervision), BaFin Annual Report 2012, p. 61 (supervisory progress).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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