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Solvency II

International Conference debates the relevance of the actuarial function

The importance of the role of actuaries for risk management in the financial sector, especially in the insurance and pension funds sector, shall be the theme under discussion at the International Seminar to be held on June 1st at the ASF (Insurance and Pension Funds Supervisory Authority) headquarters conference room.

This Seminar is organised by the CIRSF (Research Centre on Regulation and Supervision of the Financial Sector) and the Portuguese Institute of Actuaries, in collaboration with the ASF, and with the participation of the President of the Institute of Spanish Actuaries and of Professor Enrique Devesa Carpio of the University of Valencia.

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Evolution of the insurance and pension funds activity

In the 1st quarter 2015, direct insurance on the activity in Portugal of insurance companies under ASF prudential supervision recorded a 5.9% increase over the same period last year, standing at about 3.7 billion euros.


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