If everyone says we got QIS 5 wrong, then we must have got it right: van Hulle

vanhulle-jpg

Karel van Hulle, head of the insurance and pension unit in the European Commission's (EC) financial institutions division, mounts a spirited defence of the fifth quantitative impact study (QIS 5) calibrations for Solvency II, arguing that "if everyone says we got it wrong, then we must have got it right".

Speaking at the Association of British Insurer's Solvency II conference in London, van Hulle concedes the EC has come under a lot of criticism for some of the approaches outlined in QIS 5 and

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

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

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