Solvency II – A Quest for Data Quality [Part 3]

Posted by Andy Hazell on Sep 22, 2016 9:59:58 AM

Part III – The Reinsurance System & Solvency II Reporting Cycle

Over the past few months we have read in the press of both UK, and European Banks performing poorly in the banking stress tests. Whilst we at the LOGiQ3 Group focus solely on the Life Re/Insurance industry, there are close similarities between both industries when it comes to solvency requirements, specifically Basel III and Solvency II.

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Solvency II – A Quest for Data Quality [Part 2]

Posted by Andy Hazell on Jun 2, 2016 11:06:13 AM

Part II – The Reinsurer

In Part I of the blog ‘A Quest for Data Quality’, we explored what Solvency II has to do with data quality, and the importance of looking upstream to your reinsurance system - Part 1In Part II of this series, let’s consider how the Reinsurer fits within the Solvency II framework.

In a nutshell, Solvency II is about modeling risk, managing risk in a well-governed way, and disclosing risk to external stakeholders. 

Reinsurance is one of the main tools available to an insurer to actively manage its risk. But it begs the question: To reinsure or not to reinsure?

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