Engaging the Board with the ORSA.
Tag Archive for standard formula
Details of EIOPA and FSA consultations, November 2011 – CP008, CP009, CP11/23 & CP11/24.
Content: IMF Report, Solvency II implementation timeline (July 2011)
Contents: global insurance supervision, illiquidity premium criticized, standard model, banks v insurers on bonds II Tottering toward global insurance supervision A lack of consistency in global regulation is costing the insurance industry an extra $25 billion a year. The FT reports that the figure, calculated by KPMG, highlights the differences in international regulation between the…