A Disaster Fund and compulsory insurance are needed to tackle extreme events
Calls for the creation of a Disaster Fund and compulsory insurance to better respond to extreme phenomena and protect against severe impacts.
Latest news and stories about insurance regulation in Portugal for expats and residents.
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Calls for the creation of a Disaster Fund and compulsory insurance to better respond to extreme phenomena and protect against severe impacts.
The ASF (Insurance and Pension Funds Supervisory Authority), the sector's regulator, accumulated €44 million in cash surpluses after 2023 by charging revenues “unnecessary for the purposes of its mission”, which have been used to “finance the State”, the Court of Auditors concludes. The finding appears in the audit of the financing of ...

An audit highlights structural failings in the financing and governance model of the Insurance Supervisory Authority. Supervisory and regulatory fees charged in 2023 had not been adjusted since 2009.

The Insurance and Pension Funds Supervisory Authority (ASF) announced on Thursday the guidelines for regulating the activities of insurance, reinsurance, and insurance intermediaries registered in Portugal operating within the European Economic Area (EEA). Circular No. 11/2025, dated December 2, represents the updated decision of the Supervisory Board ...
