EIOPA · 2806
Other
- Regulation
- (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance)
- Topic
- Other
- Submitted
- 2023-09-25
- Answered
- 2024-07-03
Question
Since the adoption of the Solvency II guidelines, have the financial market supervisory authorities both in Germany and Liechtenstein the authority to impose restructuring measures on insurance companies for life insurance policies, such as a temporary payment ban or a reduction in the insurance company's obligations, or whether the financial market supervision authority in Liechtenstein indeed does not have the authority to do so?
Answer
This question has been rejected because it does not relate to the consistent and effective application of the legal framework covered by this Q&A process. EIOPA does not comment on national legal frameworks.
This Q&A is published by European Insurance and Occupational Pensions Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.
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