How does an insurer value deferred tax assets and liabilities (DTA and DTL) on the balance sheet and how does an insurer determine the loss-absorbing capacity of deferred taxes (LAC DT)?
Deferred taxes can have a material impact on the financial position of insurers. For example, they may result in a higher or lower level of own funds and may also lead to a lower Solvency II capital requirement. Enclosed Q&A describes the relevant Solvency II regulations for deferred taxes and the way in which DNB assesses this. It also addresses the risk management and capital management requirements set by the Solvency II regulations in relation to deferred taxes.
Dutch mortgage funds received €2 billion in new investments from institutional investors such as pension funds and insurers in the first three quarters of 2024, DNB figures show. This is less than in previous years and can be attributed to market interest rates having risen sharply during 2022.
Read more Investor interest in Dutch mortgage funds continues to decline
On Tuesday 5th November from 3:00-4:45 PM CET DNB will organize a physical information session about fit and proper assessments.
Read more Information session about fit and proper assessments DNB
Embedded finance offers customers the convenience of in-app payment options and on-the-spot insurance. This seamless integration of financial services, available exactly when and where they are needed, makes life simpler. But this innovation also entails new risks.
Read more Embedded finance: striking a balance between convenience and risk in the digital economy
Liability-Driven Investment funds (LDI funds) mainly invest in long-term government bonds and long-term interest rate derivatives. The use of these interest rate derivatives exposes LDI funds to liquidity risks in case of large interest rate fluctuations.
Read more Limited liquidity risks in Euro LDI funds
