Solvency II Update — How Does it Work, and Where Does it Stand?
Track
:
Sessions
Program Code:
INTNL-2
Date:
Tuesday, September 15, 2009
Time:
10:30 AM to 12:00 PM
EST
Location:
Clark
SPEAKER
(S):
Kris Derain
Gerry Kirchner
Thomas Guidon
Description
The European Union’s (“EU”) Solvency II project seeks to reform regulation of insurance by introducing new rigor and risk sensitivity to the quantification of regulatory capital and incentives to enhance risk management and market discipline. The impact of Solvency II will go beyond the EU member states. This session will explain the concepts and implications of Solvency II on insurance and reinsurance companies.