After a warm welcome from general director Richard Weurding, the delegation received more information about the Association. For example, policy advisers Harold Mahadew and Ron Batten discussed the distribution of insurance and the capital requirements for insurers. In short, the life market has been discussed.
Ask?
The Chinese delegation appeared to have questions about the asset-liability management of Dutch insurers. How is that regulated in Solvency II? And what experiences do Dutch insurers have with low interest rates and economic cycles?
In addition, the delegation wanted to know more about the obligations for insurers in the context of sustainability. And finally, they were interested in the equalisation system in Dutch health insurance. Batten explained that this is part of the Solvency II guideline: the Health Risk Equalisation System (HRES) referred to Zorgverzekeraars Nederland.
After the visit to the Association, the delegation paid another visit to the Mauritshuis. In the morning they had attended a meeting at DNB and on Wednesday they flew on to Italy.