Bridging the Gap Between Risk Appetite And Required Capital Structure

Solvency II has made the transition from a future uncertainty to present concern and from a specialist subject to an issue of far broader interest.
By: Iza Bella
 
May 26, 2011 - PRLog -- Solvency II will bring a common, risk-based approach to capital setting, supervision and disclosure to the whole of Europe.

The European Union’s Solvency II regulations covering insurance industry is now approaching. For a long while there has been a great amount of discussion about how the new regulations will be put in practice to captive insurance companies. Even though the new rules are still in the consultation phase insurance companies should be preparing capital adequacy now. This new mandate will radically change how firms allocate, calculate and manage capital.

Solvency II is expected to be implemented in 2013 when a wave of corporate refinancing is due. Refinancing means gaining a competitive advantage to be ready for Solvency II. This new mandate is driving demand for risk professionals in the insurance industry and will basically lead to them gaining more recognition at board level. This new regulation is a business priority. “It is about much more than simple regulation and  is already preoccupying chief investments officers. Solvency II is one of the most wide-ranging regulatory reforms the insurance industry has seen, and promises to have a far-reaching impact on all European insurance and reinsurance companies.” client adviser at JP Morgan asset management clarified.

General Manager and Chief Insurance Risk Officer Jeroen Potjes (ING Group) will give a flavor of the trends which will be indispensable for Solvency II Professionals to shape a robust and competitive European insurance industry at the upcoming forum - Solving Solvency II Summit. This highly valued event organized by Fleming Europe will convene in Amsterdam on 6th - 7th October 2011. If you would like to discover the key strategies of Solvency II, capital of The Netherlands is the place to be.

Should you decide to become one of the attendees please contact Iza Bella on +421 257 272 165 or email iza.bella@flemingeurope.com.

For more information visit www.flemingeurope.com

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About Fleming Europe

Fleming Europe Conferences are carefully designed to provide key strategic business information and the best networking opportunities for the participants. Our business to business conferences are highly interactive events with a limited number of delegates from specialized industry sectors. For each conference Fleming Europe brings together selected senior level executives who become part of a premium community discussing the questions of the day and enjoying the value of a five star event.


For more information visit www.flemingeurope.com
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Source:Iza Bella
Email:***@flemingeurope.com Email Verified
Tags:Solvency Ii, Summit, Fleming Europe, Event, Insurance, Risk
Industry:Financial, Insurance
Location:Slovakia
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