Insurers must supply information on third-party models in support of their internal model application
Another month, another delay to Solvency II. This time the focus is the date by which member states must transpose the directive into national law. The European Commission is looking to postpone the transposition...
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Solvency ii articles
Firms could be ejected from internal model application process if they do not improve, says regulator
Michael Faulkner talks to Ann Muldoon, Solvency II programme director at Friends Life, about how the insurer is progressing with its Solvency II implementation programme
Parallel test with Solvency I assessments could challenge smaller insurers, experts warn
Commission takes legal advice on Econ committee proposals
European policy-makers are exploring the use of XBRL, a standardised reporting language, for Solvency II. While mandating its use would harmonise reporting formats and bring the insurance industry in line with the banking sector, some argue there is...
The European Parliament’s Economic and Monetary Affairs (Econ) committee has voted and Solvency II’s protracted legislative process can move into its next phase with the trilogue negotiations. While some of the elements included within the Econ...
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future