63-10 Insurance Supervision Act

Summary

This document outlines the German Act on the Supervision of Insurance Undertaking.

Issuer

Germany

Year

2015

Region

Europe

Issuer (type)

Federal Ministry of Justice (Bundesministerium der Justiz) (Government)

Instrument type

Law

Disclosure instrument

Yes

Geographical scope

National

Mandatory or voluntary

Mandatory

Restrictiveness
- High 1.05%
Restrictions on business
- Low 0.01%
ESG
- E focus: climate change, environment, restoration, energy
- S focus: collective bargaining, compensation, systemic risk, children
- G focus: internal control, money laundering, risk management, audit
Sustainable Development Goals
GRI standards
Main industries targeted
- Education, Finance, Management, Manufacturing, Professional services, Public administration, Transportation