CRO Forum shows way to QIS4

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The third Solvency II quantitative impact study (QIS3) has provided important ammunition for proponents of internal models, but inconclusive group results mean that a key plank of the forthcoming directive may be decided politically without technical guidance. However, an offer by the Chief Risk Officer (CRO) Forum to co-ordinate group responses for next year's QIS4 has been welcomed by the EU Commission as a way of beating the political clock.

Speaking at the Life & Pensions Solvency II and Risk

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