Directive on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II)

This procedure concerns amendments to the Solvency II Directive, which regulates insurance and reinsurance companies across the EU. It aims to ensure the financial stability and protect policyholders by setting robust capital requirements and risk management standards for the sector.

The changes will affect insurance and reinsurance undertakings, pension funds, and financial supervisors. It ensures consistent application of EU law, promoting a stable and trustworthy financial market for investments and savings.