Reinsurers must hold a licence in order to pursue to business of a reinsurer.
Licensed reinsurers are included in the register pursuant to Sections 2:26a, 2:26c, 2:26d and 2:26f of the Financial Supervision Act (Wet op het financieel toezicht – Wft). The register must show what activities a financial institution may perform and from what date. In addition, the register must contain information about any restrictions which may have been imposed on these activities and must also show in which country the financial institution has its registered office. The register includes all licensed financial institutions.
A financial institution may hold more than one licence. The register lists the activities or range of activities an institution is allowed to perform. A bank for instance, may have a licence for offering banking products as well insurance products.
In addition, the register also shows which financial institutions have been granted dispensation from certain provisions of the Wft.
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
