Objective

The overall goal of this two day workshop is to appreciate why insurers get into distress and how the EU Solvency II Directive aims to prevent failures, and to identify the impact of the Directive on the business and capital strategy, risk management and financial standing of insurance companies.

Specifically the workshop will address the following topics:

• Recognise the key vulnerabilities of insurance companies that Solvency II is aiming to address and how this will fit into an early warning system for supervisors
• Understand the key proposals of the EU Solvency II Directive (capital requirements, supervisory review process and public disclosure) and appreciate how these will be applied.
• Understand how both general and product-specific risks faced by lief and non-life insurers and reinsurers will be addressed by Solvency II requirements
• Anticipate the impact of Solvency II on company strategy and risk management.