Process should be harnessed to improve capital efficiency, delegates told at Insurance Risk Nordics conference
Both probability of default (PD) and loss given default (LGD) constitute relevant input parameters for credit risk management in pillars I and II. Assuming that both default data and loss data have been...
Instability of capital framework should be reflected in plans for soft-launch
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
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Authority promises guidelines on early implementation of risk governance and Orsa rules, but some doubt remains
Eiopa chairman says it is time to 'move on' with Solvency II as lack of certainty is threatening EU's credibility
French regulator also considering adjusting pre-approval schedule
Insurers need to overhaul their approach to dealing with the flow of data within their organisations, if they are to comply with all of the requirements of Solvency II, not just Pillar I. Clive Davidson reports
In this Olympic year, many articles will draw inspiration from the competitive nature of the Games. The starting pistol has fired and Solvency II is definitely in the long-distance category, with a finishing line that might yet move further away. Yet...
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.