Supervisory authority disclosure framework

Supervision Rules for Entities Operating under the Solvency II Framework

NBS hereby discloses the information pursuant to Commission Implementing Regulation (EU) 2015/2451 of 2 December 2015, which lays down implementing technical standards concerning the templates and the structure for the disclosure of specific information by supervisory authorities in accordance with Directive 2009/138/EC of the European Parliament and of the Council.

• Aggregate statistical data
• The exercise of options provided for in the EU Solvency II Directive
• The supervisory function of Národná banka Slovenska – objectives and main activities (In Slovak language only)
• Rules for the Supervision of Insurance Market Entities under the Solvency II Regime (In Slovak Language only)

In accordance with Section 79(4) of Act No. 39/2015 Coll. on Insurance and on Amendments to Certain Acts, the National Bank of Slovakia shall exercise supervision over the insurance market entities listed in Section 79(1) of the cited Act on a regular basis, proportionate to the nature, scale and complexity of the risks inherent in insurance or reinsurance activities, and in line with the prescribed minimum frequency and scope. Based on the supervision performed, the National Bank of Slovakia shall assess whether the system of governance, the strategies adopted, the processes and procedures implemented in the conduct of insurance or reinsurance activities, and the own funds are sufficient to cover the risks associated with the prudent operation of the supervised entity.

In accordance with Section 79(6) of Act No. 39/2015 Coll. on Insurance and on Amendments to Certain Acts, the National Bank of Slovakia shall, in the performance of supervision, make use of a control system enabling it to identify in a timely manner any deterioration in the financial condition of an insurance undertaking, reinsurance undertaking, branch of a foreign insurance undertaking or branch of a foreign reinsurance undertaking, and subsequently to monitor the manner in which such a situation is addressed.

In accordance with Section 79(20)(b) of Act No. 39/2015 Coll. on Insurance and on Amendments to Certain Acts, the National Bank of Slovakia shall publish on its website the general assessment criteria and methodology applied by the National Bank of Slovakia in the performance of supervision over insurance undertakings, reinsurance undertakings, branches of foreign insurance undertakings and branches of foreign reinsurance undertakings.

Last updated on 25 Jun 2026