Header graphic for print
Global Insurance Blog International Insurance and Reinsurance News, Trends, and Cases
Posted in Italy, Market developments

Italy: IVASS – New investment limits for insurance companies

After its Consultation last December (please see our newsflash), on 6 June 2016 IVASS enacted Regulation No. 24 (“Regulation 24“) – replacing ISVAP Regulation No. 36 of 31 January 2011 (“Regulation 36“) – regarding, among other things, investment limits and coverage of technical reserves. Regulation 24 – in line with Ministerial Decree 166/2014 for pension funds – moves toward the prudent person principle, according to the EIOPA Guidelines on Governance and Solvency 2.

Click here to read the full newsflash.