The Insurance State Supervision Service of Georgia convened a working meeting and workshop in Tbilisi with licensed insurance companies, featuring Professor Karel van Hülle, to support the Service’s gradual introduction of a risk-based solvency system and related supervisory approaches. The 8–9 December sessions covered the European Union’s Solvency II framework, including guidance on implementing risk-based supervision and a solvency capital regime in Georgia, management system issues, and recent changes to Solvency II regulatory norms. The meeting was attended by the heads of the Georgian Insurance Association and the Insurance Union, and participants had the opportunity to raise questions on Solvency II implementation.
Insurance State Supervision Service of Georgia 2025-12-10
Insurance State Supervision Service of Georgia hosts Solvency II workshop for licensed insurers to support shift to risk-based solvency
The Insurance State Supervision Service of Georgia held a workshop in Tbilisi with licensed insurers to discuss the gradual introduction of a risk-based solvency system. The sessions, featuring Professor Karel van Hülle, focused on the European Union’s Solvency II framework and its implementation in Georgia. Attendees included heads of the Georgian Insurance Association and the Insurance Union.