Licensing

• Authorisation as an insurance or reinsurance company under Belgian law and extension of authorisation
• Pursuit of insurance or reinsurance activities in Belgium as an authorised branch or under the freedom to provide services

Particular operations subject to authorisation

• Pursuit of an insurance or reinsurance activity abroad in the form of a branch, under the freedom to provide services or by the establishment of a subsidiary
• Transfers of portfolios of insurance or reinsurance contracts and in the case of mergers or divisions

Governance

• Fit & Proper for managers and key control functions holders

• Shareholders

  • Communication to candidate shareholders, assigning shareholders and 'new elements'
  • State and composition of capital
• Outsourcing of critical or important functions, activities or operational tasks
  • Standard notification from 01/01/2021  docx - pdf
  • Opinion of the compliance manager from 01/01/2021  docx - pdf
• Amendments to the articles of association 
• Storage of insurance or reinsurance documents in a place other than the registered office
  • CEO Form – simplified procedure – electronic storage docx - pdf
  • CEO Form – simplified procedure – paper storage  docx - pdf
  • CEO Form – standard application docx - pdf

Periodic reporting

• Quantitative reports to be transmitted via OneGate

  • Technical description reporting

• Qualitative reports to be transmitted via eCorporate (SFCR, RSR, ORSA and others)

  • eCorporate circular

  • List of available Reporting Templates

• eManex platform for the management of external functions/mandates by managers

Contact secretariat prudential supervision insurance and reinsurance companies
(General questions which cannot be dealt with directly by the contact person at the NBB who is responsible for your file)
insurance.supervision@nbb.be
+32 2 221 27 31