About the work: This commentary is based on the new Insurance Supervision Act that came into force on January 1, 2016. The new law implements the requirements of the European Solvency II Directive, which has brought significant changes, particularly in the areas of capital adequacy, business organization, supervisory regime, and disclosure obligations. The regulatory concept is entirely new, operating on multiple levels and embedding the law within European detailed regulations (Solvency II Regulation). The presentation of the Insurance Supervision Act (VAG) is supplemented by explanations of the FinDAG, EIOPA Regulation, and the Insurance Contract Regulation (VersVergV). Advantages at a glance: Up-to-date: The new VAG with all amendments since its entry into force, inclusion of the delegated Solvency II Regulation and guidelines from supervisory authorities, commentary on FinDAG, EIOPA Regulation, and VersVergV. Regarding the new edition: The new edition takes into account.