Insurance executives: Are you ready for Solvency II? - Ernst & Young - Global

Insurance executives: Are you ready for Solvency II?

Solvency II's proposed implementation date is 1, January 2014. By that time, insurers will have to make significant changes to their finance systems, restate their balance sheet for Solvency II, and prepare for greater public disclosure of financial statements, modeling and capital calculations.

Are you ready?

Implementing IFRS 4 Phase II with IFRS 9 and Solvency II

The size and complexity of the multi-year implementation of IFRS 4 and IFRS 9 is expected to impact companies fundamentally. Given the potential synergies and differences, the time to address these issues is now. See our implementation and project management considerations from an IFRS 4 Phase II and IFRS 9 perspective.

Insurers: successfully manage your operational risk

Demand for operational risk quantification is being driven by regulatory initiatives, such as Solvency II. As companies consider next steps, they need to consider ways of leveraging existing operational risk elements into a robust modeling framework. Gain insight into the elements that make a sound operational risk quantification model.

Solvency II implications for Asian life insurers

While many elements of Solvency II, a European framework, may represent a "to-be" roadmap, not everyone sees the full adoption as an optimal (or practical) next step in many Asian markets. Eventually, each Asian market will plan its own journey towards a more robust regulatory evolvement. Find out more.

Solvency II: tax in Pillar I

Insurers must interpret the key principles of Solvency ll and tax can constitute a major component in the Pillar l calculations. Which challenges are insurers facing? Inside, we examine three categories that are top of mind: tax methodology, data quality and the need for a fully integrated tax process. Learn more.

Solvency II publication archive

Tap into our archive of thought leadership reports and gain insight into the evolution of Solvency II and its impact on the industry.

Get to know our Solvency II team

Not sure where to get started? Contact one of our regional Solvency II professionals and put our industry knowledge to work.