The inspections conducted in 2013 confirmed these weaknesses and brought to light further, more clearly detailed issues, such as the existence of conflicts of interest on the part of the group’s top management.
For that reason, we have a significant programme of supervisory engagement and legal analysis under way, underpinned by our Business Interruption Supervisory Framework.36 Our core message to insurance firms is that they honour valid claims in full and pay them promptly.