Final report on the Draft Regulatory Technical Standards (RTS) on the content of pre-emptive recovery plans - IRRD

The draft RTS further specifies the minimum elements that should be included in the (group) pre-emptive recovery plan of (re)insurers subject to pre-emptive recovery planning requirements. These include the description of the undertaking or group, the framework of indicators, the range of remedial actions, and the communication strategy. The primary objective of the draft RTS is to ensure that (re)insurers maintain a robust and effective plan in place to restore their financial position in the event of significant deterioration.