Countdown to Solvency II

Countdown to Solvency II is PwC's flagship Solvency II publication, exploring the latest developments in Solvency II. It provides insight into key issues and assists insurers in assessing the implications of the Solvency II directive and in preparing for the changes ahead.

Review the new on-line Countdown to Solvency II and search by topic.

New articles launched October 2010:

Driving capital efficiency: Using Solvency II as a catalyst for more efficient capital, cost and tax structures
Solvency II will intensify the pressure on capital, cost and tax efficiency, making the potential benefits from corporate restructuring even greater.

Driving the ORSA into decision making: Preparing the Own Risk and Solvency Assessment (ORSA) and building it into the running of the business
The ORSA is set to be the main engine for embedding Solvency II into the business, requiring insurers to put a prospective view on their risks and their implications at the heart of decision making.

Confidence in the model: Developing a framework for delivering reliable data and model assurance
If insurers are not confident about the reliability of their data and the governance surrounding their models, they cannot be sure about the quality of the information coming out, and neither will their supervisor. How can insurers make sure that their models stand up to scrutiny? 

Up to speed with reporting: Keeping pace with faster turnaround time for regulator returns
The work needed to successfully deliver Solvency II won’t end in 2012 as the required turnaround for quarterly returns is steadily cut from six to four weeks and reports to supervisors from 18 to 14 weeks between 2013 and 2015.

Coming up with the numbers: Preparing a Solvency II balance sheet and managing the impact on market communications
The Solvency II balance sheet will differ markedly from both current and future IFRS, creating significant technical, logistical and market communications challenges for European insurer.

Previous publications: