Imap exposes differences on one-in-200-year risks

Diverging views remain on calibration of stresses

breaking-pencil

The insurance and banking regulatory regimes are clearly very different. That's certainly the conclusion you would reach from reading the raft of associated regulations. While Solvency II appears to give firms discretion over the scope and design of their internal models, the banking regime largely prescribes the structure of the model. The ability of individual banks to calibrate their model could be thought of as being more akin to an insurer's option to set ‘undertaking specific parameters'.

To continue reading...

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 indvidual account here: