Getting Set for Solvency II

chris-johnson-hsbc

Heads have been turned by suggestions that Solvency II, the European Union directive on capital adequacy and risk management for insurers, may not be fully implemented until January 2014. However, astute data managers realize that even if this date is chosen, there is no time to lose in preparing for the regulation: Solvency II will test data as never before, and trials of insurers’ capital requirements models begin next year. With this in mind, while the details of the regulation are being

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