Description
Solvency II defines by how much an insurer’s assets should exceed its liabilities, under an expected and a stressed scenario, and so is fundamental to the business and the business model. This course goes through all of the many different stages and components of how this is done, illustrated throughout with recent examples from both General and Life insurers. It highlights the importance of the asset composition and how it relates to the liabilities and includes calibrations for a number of the risk modules. It also covers business-critical elements such as the Matching Adjustment and why this is under review.
