
Solvency II standard formula not serving intended purpose - Swiss Re CRO

The chief risk officer of Zurich-based reinsurer Swiss Re has criticised the standard formula for Solvency II's solvency capital requirement as not serving its intended purpose and recommended that it be replaced with a simpler approach along the lines of the Swiss Solvency Test (SST).
Raj Singh spoke at a roundtable debate at Life & Pension Risk's annual Solvency II event in London, saying the standard formula "is truly not serving the purpose it was meant to serve. They were trying to capture
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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Solvency II
Risk management
FCMs to let clients offset swaps and futures margin at Eurex
Banks target Q2 support for client cross-margining following lengthy lobby effort from hedge funds
Receive this by email