The German Association of Actuaries (DAV) welcomes the opportunity to comment on the European requirements for the reorganisation and resolution of insurance companies within the framework of the draft bill for an Insurance Restructuring, Resolution and Supervision Amendment Act (VSAAG). A clear and practicable legal framework for crisis situations affecting insurance undertakings is an important contribution to the stability of the insurance sector and the protection of policyholders.
You can find more on this topic on the German website aktuar.de.