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Solvency II and capital adequacy requirements

 

The best choice for your company 

Are you trying to decide which is the better choice for your company - the standard formulae or your own internal model? We can advise you on every aspect of that decision,  from an analysis of the potential impact on your capital adequacy requirements through to an estimate of the introductory and operating costs as a basis for the business case.

Standard formulae

Over the last few years, we have advised numerous companies on every aspect of the standard formulae - from the QIS process through to operational implementation. Drawing on our experience of these projects, we can provide highly effective support when it comes to implementing the standard formulae in line with your requirements and establishing the corresponding IT systems.

Internal and partial models

We have been working with customers on the introduction of internal models based on Solvency II since the middle of the last decade. This has involved implementing and validating models as well as preparing them for regulatory approval and providing active, ongoing support. We are familiar with all of the most popular models for measuring insurance, credit and market risks (e.g. replicating portfolios) and can help you to implement them efficiently.

Infrastructure

One of the biggest challenges thrown up by Solvency II is that of establishing a suitable infrastructure. Source systems have to be linked to the actuarial kernels and the aggregation software with due regard for data quality and process efficiency requirements. We can provide direct support in the form of reference architectures and hands-on system expertise to help you design and implement your IT infrastructure as effectively as possible.