Health insurance solvability Netherlands according to Solvency II 2015-2016

This statistic shows the solvability of the five largest health insurance companies in the Netherlands according to Solvency II in 2015 and 2016. In 2016, the solvability ratios of four of the "big five' health insurance companies in the Netherlands decreased. This because they had to use more of their financial reserves to lower the premiums for health insurances in the Netherlands.
Solvency II is a risk-based supervisory framework from the European Commission for the insurance sector that came into effect on 1 January 2016. The Solvency II guidelines are embedded in Dutch law in the Financial Supervision Act (in Dutch: Wet op het financieel toezicht - Wft) and its subsidiary regulations. All insurance companies that are part of a group are considered as a single economic unit. Consequently, they are subject not only to individual supervision but also to supplementary group supervision.

The health insurance industry in the Netherlands is a combination of a government-based public health program and privatized health insurance concerns. The Dutch government decides on the cover provided by this package and health insurance companies are obliged to accept everyone who meets the requirements, regardless of age or state of health. In 2017, Dutch health insurance concern Zilveren Kruis had a market share of approximately 31 percent.