CLYDE & CO – BEGINNINGS ARE EXPENSIVE” BAFIN PUBLICATION ON THE CAPITAL ADEQUACY OF INSURTECHS

Author - Eva-Maria Barbosa

In January, Bafin published an article and technical explanations on the capital adequacy requirements for insurtechs in its journal. This caused a storm in the German insurtech scene, which has few genuine insurers, as the players believe it makes the license and operation of a young insurer considerably more difficult, precisely because as BaFin itself makes clear in its headline "All beginnings are expensive".