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.
Is a full internal model a step too far, July 2011
Whether to opt for an internal model, the standard formula or one of the options in between is one of the most crucial decisions within Solvency II. It not only affects your firm's capital requirements, but also the way the business is managed and perceived by stakeholders. With the decision not always being clear-cut and also subject to possible change over time, what are the key strategic, capital management and cost-benefit considerations that can help you to make the right choice for your company, both now and in the future?
Managing the impact of Solvency II on your credit rating, July 2011
The overlaps between Solvency II and rating agency analysis suggest that your implementation plans and strategic response to the Directive may have an important influence on your credit rating. However, achieving an improvement in your credit rating as a result of your investment in more effective risk management may be harder than many would hope. So how are rating agencies responding to Solvency II and how can you seek to ensure that the impact on your rating is not negative?
Managing spreadsheet risks, July 2011
While spreadsheets will remain an important tool under Solvency II, they can be inherently difficult to control. How can you manage the risks more effectively?
Validating your model, July 2011
If your company wants to achieve internal model approval in the first wave, model validation should be underway. What does model validation involve? What are the potential pitfalls? And how can you get your validation on track without tying yourself up in needless effort?
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