Wide range of measures for insurance supervision
Ladder of actions for insurance supervision: The Insurance Act provides BaFin with a
wide range of measures for insurance supervision, from the prudential and consumer
protection perspectives. These measures, however, have not been translated into a
formal “ladder of actions” to guide interventions for different types of identified
problems.
BaFin should consider adopting such a ladder for insurance supervision,
taking into account the specific nature of insurance supervision as well as the diversity
of insurance entities in Germany and hence the range of issues that may arise.
EU Forecast
euf:ba.18.j:27/nws-01