Solvency II regime now in force
As insurers and reinsurers will be aware, the Solvency II regime came into force on 1 January 2016. As a result, it is important that compliance systems and processes have been updated to take account of the new requirements, including the establishment of the four key functions: - compliance, risk management, internal audit and actuarial.
For more information on Solvency II, please contact James Grennan at jgrennan@algoodbody.com or any member of the Insurance team.
Date published: 5 January 2016