Insurance Companies in Distress: Final Countdown for a Recovery & Resolution Regime
Authors:
Frederik Winter, Thomas Broichhausen, Wolfgang Krauel, Duncan Barber, Etienne Dessy, Alastair Holt, Paloma Fierro, Ngoc-Hong Ma, Anna Ferraresso, Andreas Van Impe, Tim Brown, Pascal Mildahn
Insurance Companies in Distress: Final Countdown for a Recovery & Resolution Regime
The countdown for a Insurance Recovery and Resolution Directive (“IRRD”) is ticking. We wrote a newsletter summarising the key elements of the framework analysing the compromise text which was agreed in January 2024. IRRD establishes a completely new framework in terms of the effective recovery and resolution of distressed (re)insurance undertakings. IRRD will apply to all (re)insurance undertakings within the meaning Solvency II.
Would you like to continue reading?
Log in or register for free to access this content and more on our Knowledge Portal. If you were registered to the previous version of our Knowledge Portal, you will need to re-register to access our content.