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

Early adopter

 

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 syste