closed Consultations & Summaries
Click on the title of a consultation to view further information.
|Conduct of Business for non-life insurance||CP17-01/T01 – Conduct of Business for non-life insurance|
CP17-01 sets out proposals for changes to the Authority’s regulatory framework for conduct of business for non-life insurance business.
|31 January 2017 - 14 March 2017|
|Fees 2017||Fees 2017|
This paper details the 2017 fees for entities licensed, authorised or registered under the Financial Services Act 2008, Insurance Act 2008, Retirement Benefit Schemes Act 2000 or that have responsibility for funds under the Collective Investment Schemes Act 2008. It does not propose changes to the fees paid by designated businesses.
|25 November 2016 - 6 January 2017|
|CP16-04 QIS3 Exercise for Non-Life Insurers||CP16-04 QIS3 Exercise for Non-Life Insurers |
This paper provides details of the third quantitative impact study for non-life insurance business (“QIS3”).
Technical specifications and their appendices for non-life insurance business are also attached, together with a set of risk free curves for the currencies set out in the technical specifications, results templates, and helper spreadsheets. A questionnaire for completion by respondents is also attached.
|1 September 2016 - 31 December 2016|
|3rd Quantitative Impact Study for Life Insurers||3rd Quantitative Impact Study for Life Insurers|
As detailed in the FSA’s 2016 Roadmap, we are today issuing a consultation paper CP16-05. This paper sets out the timescales for the QIS3 exercise for life insurers and reinsurers, describes changes to the Standard Formula being tested in QIS3 compared with that for QIS2, and provides additional guidance on some aspects of the calculation in order to promote consistency of approach across respondents.
|4 October 2016 - 31 December 2016|
|DP16-07 Insurance Intermediaries||DP16-07 Insurance Intermediaries |
This discussion paper sets out the Authority’s initial views on developing the Island’s existing regulatory framework for the supervision of general insurance intermediaries, taking into account developing international standards, including the IAIS ICPs.
|28 October 2016 - 23 December 2016|