The Insurance Supervision Agency of Montenegro said a mission by experts from Germany’s Federal Financial Supervisory Authority under the Twinning project on support for financial services regulation in Montenegro helped strengthen the agency’s risk based insurance supervision in line with the Solvency II framework, including assessment of insurers’ risk exposures and their potential impact, the quality of risk management, and the adequacy of capital to cover obligations, as part of broader work to modernize the regulatory framework and align supervision with European standards.
Insurance Supervision Agency of Montenegro2026-05-20
Insurance Supervision Agency of Montenegro advances Solvency II aligned risk based supervision with BaFin mission
The Insurance Supervision Agency of Montenegro reported that a mission by experts from Germany’s Federal Financial Supervisory Authority under the Twinning project has strengthened its risk-based insurance supervision in line with the Solvency II framework. The work focused on assessing insurers’ risk exposures, risk management quality and capital adequacy as part of broader efforts to modernize the regulatory framework and align supervision with European standards.