Swiss Re celebrates internal model approval
Reinsurance giant Swiss Re achieved a “key milestone” in 2017 with the approval of its internal risk model for the revised Swiss Solvency Test. Using the model, Swiss Re recorded an SST ratio of 262% – up from 223% in 2016, which was calculated under the old version of the test.
Swiss financial regulator Finma tweaked the methodology for calculating SST ratios, effective January 1, 2017. The
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