Update of administrative practice on the principle of prudent person (PPP) of insurance undertakings under Solvency II

Topic area:
Status: 23.12.2024 |
Aktuell
Key words:
Amendment, Internal governance, Sustainable Finance / ESG
Initiative
Official name
Grundsatz der unternehmerischen Vorsicht (Prudent Person Principle – PPP) von Versicherungsunternehmen unter Solvabilität II
Type
Circular Letter
Level 3 / Other
Initiator
BaFin
Submitted
13.12.2024
Doc. code
VA 25-I 3260/00004#00090
Summary
Status
Status

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Current version
Consultation paper
13.12.2024
Next step
Entry into force and application
Entry into force

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Application date

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Scope
Associated initiatives
Level 1
–
Level 2
–
Level 3 / Other
Interpretative Decision on the Prudent Person Principle (PPP) (binding, Supplement, DE)
Minimum regulatory requirements for the business organization of insurance companies (binding, DE)

Source: BaFin, VA 25-I 3260/00004#00090, 2024