Mastering the data management challenges of Solvency II
Compliance control
The final shape of the Solvency II directive is still to be settled, but without doubt it will have a significant operational, financial and regulatory impact on insurers in the European Union (EU) in the near future.
One of the main changes - particularly for insurers in regimes still operating under Solvency I regulation - is the option to use an internal model. While not compulsory, the advantages of moving to an internal model have been recognised by the industry: according to the third
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