A straightforward guide to the evolution, benefits, and
implementation of Solvency II
Providing a guide to the evolution, practice, benefits, and
implementation of Solvency II, Executive's Guide to
Solvency II deftly covers this major European regulation
which ensures that insurers can meet their risk-based
liabilities over a one-year period to a 99. 5% certainty. Part
of the Wiley and SAS Business series, this book will guide you
through Solvency II, especially if you need to understand the
subtleties of Solvency II and risk-based capital in basic
business language. Among the topics covered in this essential book
are:
* Background to Solvency II
* Learning from the Basel Approach
* The Economic Balance Sheet
* Internal Models
* People, Process, and Technology
* Business Benefits of Solvency II
Executive's Guide to Solvency II has as its
aim an explanation for executives, practitioners, consultants, and
others interested in the Solvency II process and the implications
thereof, to understand how and why the directive originated, what
its goals are, and what some of the complexities are. There is an
emphasis on what in practice should be leveraged upon to achieve
implementation, specifically data, processes, and systems, as well
as recognition of the close alignment demanded between actuaries,
the risk department, IT, and the business itself.
