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Solvency II

Evolution of the Insurance and Pension Funds Activity - 3rd quarter

Direct insurance in Portugal grew by 13.9% in the Accidents at Work class. The solvency margin coverage rate of the companies supervised by the ASF stood at 204% in September 2015.

In the same period, the amounts managed by pension funds recorded a value of 17.5 million euros. The contributions made to pension funds showed a 1% decrease over the same period last year. It should be noted that in the period under review three pension funds were wound up.

Evolution of the Insurance Activity - 3rd quarter 2015

Evolution of Pension Funds - 3rd quarter 2015


ASF presents annual reports

"In the most difficult period of the financial sector crisis, the insurance industry managed to resist, even contributing to mitigate procyclical effects affecting the financial system," said ASF Chairman Prof. José Figueiredo Almaça, in his closing remarks at the conference on the public presentation  of the RSSFP and the RRSCM reports, which was held in Lisbon.

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Regulation No. 5/2015-R, of November 5
Management Board's Main Decisions – 5th november 2015
Consulta Pública n.º 5/2015
Management Board's Main Decisions – 29th october 2015
Management Board's Main Decisions – 22nd october 2015
Public Notice - Notification of Pension Fund Responsible Actuaries
Public Consultation no. 4/2015

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