The launch date and some of the technical specifications for Solvency II are still subject to debate. Yet, this shouldn’t affect progress on implementation as more than 80% of what needs to be done is already clear.
Many national supervisors also expect confirmed Solvency II numbers in 2013 as originally planned. This means that your evaluation, validation and governance procedures will need to be in place by then.
Drawing on our wide-ranging work with insurers and supervisors on the practical application of the directive, we can help your business to simplify and accelerate implementation and tackle the strategic as well as technical challenges.
We’re also working closely with insurers in Bermuda, Switzerland, Japan, the US and other leading global insurance centres on how to deal with the implications for their businesses.
Watch a discussion exploring how insurance regulators are actively working on a range of insurance directives in addition to Solvency II.
Solvency II timings
We discuss the October Parliamentary vote on Solvency II timing and and the impact on the insurance industry.