Luxembourg is already taking the upcoming Solvency II changes into account while regulating captives in the jurisdiction, according to Valerie Scheepers, head of the non-life and reinsurance department at the Commissariat aux Assurances.
It was originally hoped that the Directive 2025/2 would instruct Member States to implement the Solvency II reforms by January 2026, but now offers a deadline of 29 January, 2027.
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