Solvency II
Preparing for Solvency II
With the implementation date set for late 2012, Solvency II is fast approaching and bringing with it a number of challenges. Many insurance companies are already preparing market consistent balance sheets and using economic capital to manage their business, but Solvency II will introduce a new level of rigour. Our products and services already help insurance companies demonstrate adequate financial resources and will be used to support Pillar 1 principals including:
- Technical Provisions (TP)
- Solvency Capital Requirements (SCR)
- Internal Models
- Own Risk and Solvency Assessment (ORSA).
Our economic scenario generator, calibration services, and consultancy will be used as the foundation of many insurers’ Solvency II processes. Our focus on the capital and risk management needs of the insurance industry means we can offer a broad range of services to support the technical challenges that insurers face in implementing Solvency II. If you are interested in finding out how we can help you, please contact us. See also: our latest Liquidity Premium research.
