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SolvencyII: A High Level Overview [7]

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Bullet points include: Transparency and market discipline. Solvency and Financial Condition Report (SFCR) (public). Report to Supervisors (RTS) (private). SFCR to include quantitative material as well as qualitative information. E.g. material on system of governance and on how obligation to carry out an ORSA has been fulfilled. Summary for policyholders profiling material changes in business written, risk profile, solvency position or system of governance

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