Portugal | Governance system of insurance and reinsurance companies

Key aspects

> Improves the supervisory model for the governance system of insurance and reinsurance companies

> Establishes the general requirements and principles of the governance system of insurance and reinsurance companies for matters such as risk and solvency self-assessment, prevention, disclosure and settlement of conflicts of interest, the policy of preventing, detecting and reporting fraud in insurance and remuneration, and the internal reporting of irregularities