Know Your Solvency II

Teacher: Elliot Varnell, Milliman

Aim

The course will provide the participants with the big picture of Solvency II, emphasizing further details in the more actuarial relevant areas, and will target both life and non-life.

Objective
The participants should afterwards have an intuition of how the various parts of Solvency II are connected and interact. They should feel confident to join discussions on Solvency II, and understand
how their work will contribute to Solvency II.

Content

Solvency II Introduction and Purpose

Pillar 1

Contract Boundaries
Technical Provisions
- Best Estimate
- Risk Margin
SCR
- Standard Formula
- Internal Model Regime
MCR
Own Funds
Assets
- Financial Assets
- Counterparty Assets
Group Issues (Supervision, Solvency, Internal Model)

Pillar 2

System of Governance (Risk Management, Internal Control, Corporate Governance)
Functions (Actuarial, Risk Management, Internal Audit, Compliance)
ORSA
- Purpose
- Requirements
- Difference to Internal Mode

Pillar 3

QRT Structure (Reporting, Timeline)

Solvency II Outstanding Issues

Praktiske informationer:

CPD: 14 timer

Pris: 4.500,- dkk
Kurset afholdes: 6. og 7. marts 2012

Tilmeldingsfrist: 30. januar 2012

Kursussprog: Engelsk

Kurset udbydes kun til medlemmer af Den danske Aktuarforening