Solvency II delays limiting internal model growth, head of op risk warns

Fabien Chabanon at Axa
Fabien Chabanon, Axa

Delays in Solvency II are leading to the stunted growth of internal models for the insurance sector, Axa's global head of operational risk has warned.

Under Pillar I of Solvency II, insurance companies are expected to calculate their operational risk capital number. But with the continued delays in the regulation, this part of Solvency II is moving more slowly than some in the industry had hoped.

"I still think the number of players who have developed an internal model are quite limited," says

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options

If you already have an account, please sign in here.


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 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: