The peer review examines how national competent authorities (NCAs) assess the propriety of those responsible for managing insurance companies and, when relevant, the companies’ shareholders.

In general, NCAs dedicate considerable resources to the initial assessment, but very few NCAs perform any ongoing assessments as part of their supervisory activities

Diverging assessment practices continue to exist among NCAs, which can lead to different outcomes in different countries for the same individual.

The review resulted in 80 recommended actions for 29 NCAs.

View the full Press-Release down here.