Risk management and supervision of insurance companies solvency 2 under the solvency 2 directive the european commission can adopt delegated and implementing acts including technical standards and information for the calculation of technical provisions and basic own funds. Solvency standard 3 terms defined below are capitalised when used in this solvency standard act means insurance prudential supervision act 2010 actual solvency capital means capital minus deductions from capital aggregate actual solvency capital means the sum of the actual solvency capital. Insurance supervision mission statement protecting consumers through effective supervision that supports the sustainability of the insurance sector solvency ii the solvency ii regime was fully implemented on 1 january 2016 and applies to the majority of reinsurance undertakings. The main insurance numbers in italy ivass periodically publishes statistical data on the italian insurance market under the section publications and statistics here are summarised the main figures reported in the latest annual report data as at 31 december 2018
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