Taking-up and pursuit of the business of insurance and reinsurance - Solvency II. Recast

The dossier concerns the taking-up and pursuit of the business of insurance and reinsurance under Solvency II (recast). Amendments revise provisions on insurance and reinsurance groups, including group support as a legally binding commitment to transfer own funds between a parent undertaking and its subsidiary, the role of the group supervisor and college of supervisors, and the difference between the Solvency Capital Requirement and the minimum capital requirement.