The latest edition of the annual Deloitte
Solvency II survey of insurers shows that they are preparing for the introduction of
Solvency II by changing their approach to calculating capital adequacy requirements. “Solvency II forces insurers to analyse the
risks they run across their business and determine the level of capital they need to hold. Risk
models lie at the heart of the rules and enable insurers to calculate capital requirements
in line with the level of risk they are taking,” says Rick Lester, lead Solvency II partner
at Deloitte. For the complete article, please go to Big4.com