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 sheets for Solvency II, and prepare for greater public disclosure of financial statements, modeling and capital calculations. Are you ready?
Our dedicated Solvency II Task Force was created to address Solvency II issues over time, focusing on conceptual development and related multidisciplinary assurance and advisory services. The Task Force will continue to provide thought leadership reports, offering insights into the evolution of Solvency II and its impact on the European insurance industry.
Our survey of the European insurance industry reports slow but steady movement toward compliance. See which countries are best prepared – and which are falling behind.
We asked European insurers about their Pillar III status and preparations to meet Solvency II requirements by 2014. Our survey findings highlight their progress.
Read our 2012 survey analyzing seven themes that are most relevant to Solvency II preparation, requirements, opportunities and threats.
Explore what asset managers can do to seize investment process and product development opportunities ahead of the Solvency II regulatory changes.
Insurers face a huge challenge in synchronizing the implementation of IFRS 4 Phase II with IFRS 9 in the coming years.
Demand for operational risk quantification is driven by Solvency II and other regulations. We can guide insurers in leveraging operational risk elements into a robust quantification model.
Asian markets are at various stages of regulatory sophistication and each face a different journey towards enhancing their risk management framework. Learn more.
What is the potential impact of Solvency II on asset managers managing insurance portfolios?
Validation is vital to the internal model development and authorization process. We pose five questions to help you gauge whether your approach to validation is adequate.
The European Insurance and Occupational Pensions Authority (EIOPA) issued advice on the equivalence assessments of the Bermudian, Swiss and Japanese insurance supervisory systems. We offer insights into their conclusions.
Insurers continue to question the benefits of the internal model but we believe it can create a competitive advantage. See how.
Insurers operating in the EU face far-reaching change. To gauge those challenges, we surveyed internal audit heads across the UK and Western Europe.
Does your risk management approach meet Solvency II requirements as well as your company’s needs? Learn more about effective risk management approaches for insurance companies.
We explore tax considerations, macro-level tax factors and their specific ramifications across Brazil, Mexico, Chile and Argentina.
Streamlined IT systems and effective data management are core components of Solvency II. But systems will also need to factor in provisions from IFRS 4 Phase II.