Internal model approval – supervisors' different approaches

The perfect model (part II)


The aim of Solvency II is to create a consistent risk-based regulatory regime across all European Union member states. Insurers have the option of creating internal models to measure their risk and hence determine their regulatory capital. However, the insurance markets within member countries differ widely, as does the degree of sophistication among the insurers themselves. Therefore, it is not surprising that when it comes to internal model approval by regulators there is some difference in ap

To continue reading...

You must be signed in to use this feature.

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: