Recovery and resolution for the EU insurance sector : a macroprudential perspective

This report focuses on a recovery and resolution (RR) framework for insurers from a macroprudential perspective. Covering primary insurers and reinsurers, the report (i) discusses the need for comprehensive RR policies to complement supervisory and macroprudential policies; (ii) identifies and describes a number of potential RR tools; (iii) highlights funding aspects of the resolution process; and (iv) considers cross-sectoral and cross-border implications and contagion channels that arise when resolution tools are applied.