Insurers enhance risk engines to meet Solvency II demands

Powering up the engine

Jet engine

Risk engines, together with economic scenario generators and actuarial modelling systems, are major technological building blocks for Solvency II compliance, especially for those companies planning to use an internal capital model. Risk engines aggregate information from multiple sources and calculate exposures and capital requirements for management and regulatory reporting. In essence, they are data processors, and therefore the infrastructure around them, particularly the data management, is

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