Which statement correctly describes the three pillars of Solvency II?

Which statement correctly describes the three pillars of Solvency II?

• A. Pillar 1: Quantification; Pillar 2: Governance; Pillar 3: Transparency
• B. Pillar 1: Governance; Pillar 2: Quantification; Pillar 3: Transparency
• C. Pillar 1: Quantification; Pillar 2: Transparency; Pillar 3: Governance
• D. Pillar 1: Transparency; Pillar 2: Governance; Pillar 3: Quantification

Answer: (A)