Solvency II is a significant effort to update European insurance regulation. In banking terms, it could be described as the equivalent of going from Basel I to Basel III, skipping Basel II.
One of the features of Solvency II is a holistic approach to risk and capital management which, manifests itself in the many relations – implicit or explicit – between the components of Solvency II and in the interest of supervisors.
Given the technical nature of insurance, people often undertake specialised roles, e.g. valuations. This course will provide a full overview of Solvency II so that delegates can understand how the various requirements of Solvency II fit together.
Attend this intensive and practical 3–day training course and learn:
- The context and overview of Solvency II and its’ development
- How Solvency II is structured, its guiding principles and objectives
- How the various components of Solvency II relate to each other
- What Solvency II means for European and Global insurers
- The next steps for Solvency II
Who should attend?
This course has been specifically designed for the benefit of:
- Risk managers
- Financial Reporting specialists
- Compliance officers
- Public policy specialists
- Supervisors and regulators
- Investment analysts
- Asset managers and traders
- System developers
- Institutional investors
The course assumes a general familiarity with insurance and its prudential regulation.
- The training consists of classroom-based teaching.
- Solvency II contains quantitative requirements will be covered in terms of the underlying principles and intentions.
- The course will provide structured opportunities for delegates to discuss in an open environment their views on the key features of Solvency II.