http://www.banks.ca Canadian banking, credit cards, loans, savings, investments and retirement in Canada Tue, 28 Jul 2026 08:39:54 +0000 en-US hourly 1 https://wordpress.org/?v=3.9.40 http://www.banks.ca/insurance/finding-value-in-solvency-ii/ http://www.banks.ca/insurance/finding-value-in-solvency-ii/#comments Tue, 23 Apr 2013 19:00:57 +0000 http://www.banks.ca/insurance/finding-value-in-solvency-ii/
It focuses on the underlying actuarial and risk management concepts so that your business benefits will endure (even if Solvency II becomes a 1 in 200 year event itself).

Opportunities discussed range from improving your product development, pricing and project management decisions to minimising your capital requirements by nurturing your diversification benefits, agreeing management actions, addressing group risk, business continuity planning and reviewing the effectiveness of your reinsurance.

Each section provides steps to achieve tangible results, build up your in-house capabilities and bridge the gap between your decision makers and your specialists with their detailed insight of your risk appetite, SCR, ERM and ORSA. Working with your teams ensures that your solutions meet your needs and the knowledge doesn’t walk out the door at the end of the project.

Until we take action, our good ideas remain theory and Solvency II’s only impact will be on the expense lines of our financial statements.]]> http://www.banks.ca/insurance/finding-value-in-solvency-ii/feed/ 0