Interview: Delta Lloyd CRO – why an early move to market consistency paid off

An early adopter of a risk-based approach to managing its balance sheet, Dutch insurer Delta Lloyd’s economic approach left it as one of the few Benelux firms to exit the credit crunch with its risk management approach intact. Chief risk officer Theo Berg tells Aaron Woolner how it achieved this

theo-berg-delta-lloyd

 

Life & Pension Risk: Delta Lloyd was one of the first Dutch insurers to move to an economic balance sheet; does this mean Solvency II will only require a small transition?

Theo Berg, chief risk officer, Delta Lloyd: In theory, because we already run our company on an economic basis there shouldn’t be too much difference between how we operate now and in a post-Solvency II world. But in reality there will be a gap. This is because despite everyone calling Solvency II an economically-based

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here