Solvency II

By Robert Bugg, Lyndsay Wrobel  |  20 April 2018

The proposal to consider applications from internal model firms that include a Dynamic Volatility Adjustment is relevant to UK Solvency II firms and to the Society of Lloyd’s and its managing agents, and most relevant to firms with, or seeking, Volatility Adjustment approval and which use, or may develop in the future, a full or partial internal model to determine the Solvency Capital Requirement.

By Kyle Audley, Jennifer Strickland, Fred Vosvenieks  |  18 April 2018

This paper considers various future routes that the development of insurance regulation in the UK could take due to Brexit and the impact each of these might have on UK insurers.

By Jennifer Strickland, Kyle Audley  |  13 April 2018

Brexit is likely to have a large impact on the insurance industry, and the approach taken towards Solvency II in particular will be a key determinant of the future of UK insurance regulation.

By Simon Cureton, Peter Franken, Judith Houtepen, Kamiel van Langen, Kendall Carolissen, Moussa Ouédraogo  |  12 April 2018

This report provides a summary of the key solvency information of the main life and non-life insurance entities in the Netherlands based on the Solvency and Financial Condition Reports published in May 2017.

By Cormac Gleeson, Ellen Matthews, Bridget MacDonnell, John Mulvihill, Eamon Comerford, David Burston, Jeffrey A. Courchene, Vincent Robert, Jonathan Lim  |  03 April 2018

This update summarises the key feedback received by the European Insurance and Occupational Pensions Authority regarding the final report and the impact, if any, that it has had on the proposals made in the Consultation Paper.

By Joanne Buckle  |  23 March 2018

This report compares and contrasts the information in selected Quantitative Reporting Templates of 13 health insurers in the UK.

By Kurt Lambrechts, Moussa Ouédraogo, Dominik Sznajder, Tim Vandenabeele, Peter Franken, Kamiel van Langen  |  26 January 2018

This report is a summary of the Solvency and Financial Condition Reports for the main players in the life, non-life and health insurance business in Belgium, focussing on a subset of insurers in the Belgian market.

By Stuart Reynolds, Neil Christy  |  26 January 2018

This report analyses the European life insurance market, covering 200 companies from 13 countries and representing approximately £422 billion of Gross Written Premium and approximately £4,175 billion of gross Technical Provisions.

By Padraic O'Malley, Andrew Kay  |  25 January 2018

The loss absorbing capacity of deferred tax (LACDT) is one of the key elements of a company’s Solvency Capital Requirement (SCR).

By Kurt Lambrechts, Moussa Ouédraogo, Kamiel van Langen, Peter Franken  |  22 January 2018

This report summarises the Solvency and Financial Condition Reports of the main players in the life and non-life insurance business in Luxembourg.

By Flavien Thery, Lamia Amouch, Derek Newton, Vincent Robert  |  03 January 2018

This report focuses on the quantitative information contained in the Quantitative Reporting Templates with the Solvency and Financial Condition Reports (SFCRs) and also studies the text within SFCRs to gain additional insight into various companies, in particular those that displayed characteristics that differed materially from the market average.

By Cormac Gleeson, Ellen Matthews, Bridget MacDonnell, John Mulvihill, Eamon Comerford, David Burston, Neil Christy, Jeffrey A. Courchene, Emma Hutchinson, Jennifer Strickland, Marie-Lise Tassoni  |  20 December 2017

This briefing note summarises the final advice from the first stage of the EIOPA review and provides details on EIOPA’s proposals in the latest consultation paper on its second set of advice.

By Sinéad Clarke, Tanya Hayward, Judith Houtepen  |  12 December 2017

This analysis compares the information provided in the Quantitative Reporting Templates and the Solvency and Financial Condition Reports to see if there are any conclusions about the balance sheets and risk exposures of European health insurers.

By Ellen Matthews, Sinéad Clarke  |  08 December 2017

To help prepare for Solvency II reporting throughout 2018, we have prepared a briefing note detailing Solvency II reporting deadlines in 2018 and the changes in the reporting framework relative to the previous year.

By Sinéad Clarke  |  07 December 2017

This analysis of European life insurers’ first set of Solvency and Financial Condition Reports covers 200 companies from 13 countries, representing approximately €475 billion of gross written premium and approximately €4,700 billion of gross technical provisions.

By Sarah Keane, Mike Claffey, Patrick Meghen  |  07 December 2017

EIOPA has published new rules, setting out how Supervisory Authorities should work together, in the latest version of what was originally referred to as the “Siena Protocol”. This briefing note discusses these updates.

By Ian Humphries, Robert Bugg, Veekash Badal  |  02 October 2017

This article provides an extended summary of the proposed changes from two Consultation Papers that will apply to Solvency II insurers, Insurance Special Purpose Vehicles and large Non-Directive Firms.

By Edward Morgan, Jeremy Kent  |  19 September 2017

This paper introduces a new methodology for measuring new business value and new business profitability in the Solvency II world.

27 July 2017

On 4 July 2017, the European Insurance and Occupational Pensions Authority (EIOPA) released a Consultation Paper on its first set of advice to the European Commission on the Solvency II Review.

By Emma Hutchinson, Marie-Lise Tassoni, Stuart Reynolds, Oliver Gillespie  |  18 July 2017

A summary of findings on the Transitional Measure on Technical Provisions (TMTP relief) and views on different approaches to recalculating the TMTP relief and the associated key issues and challenges.