On 27 November 2018, the Recovery and Resolution (Insurers) Act (Wet herstel en afwikkeling van verzekeraars, the "Act") was adopted by the Dutch parliament. Consequently, Dutch insurers again face major supervisory changes, as they did following the introduction of Solvency II. Although no date for the Act's entry into effect has yet been announced, we expect it to enter into effect on 1 January 2019.