Solvency II Training

Location	Date	Price	Details	Register
Dubai	10 Oct, 10	€ 695.00 EUR	Download	Register Now
Johannesburg	26 Oct, 10	€ 695.00 EUR	Download	Register Now
Bermuda	14 Dec, 10	€ 695.00 EUR	Download	Register Now

Solvency II Equivalence for Board Members & Executive Management

OVERVIEW

A ½ Day practical training programme designed to provide Board Members and Executive Management of Insurance & Reinsurance Firms with the knowledge and skills needed:

To understand and support compliance with the Solvency II Directive
To understand the Extraterritorial Application of the Directive to Non-EU/EEA Countries
To understand the process to achieve Recognition as having Equivalent Regulatory Standards to those in Europe’s Solvency II Directive
To understand what is different for groups whose parent is located in a Non-EU/EEA country, providing insurance services in the EU/EEA
To see Solvency II as a Competitive Advantage

WHAT YOU WILL LEARN

Equivalence with the Directives of the European Union: An Overview
Why Equivalence?
Extraterritorial Application of European Law
Solvency II: The New Role of the Board of Directors & Executive Management
The Direct Correlation between Risk and Capital- by Improving the Quality of Risk Management Firms can Reduce the Required Regulatory Capital
The Treatment of Third-Country Groups under Solvency II, and why it is a Problem for Insurers who Write Business in the EEA
Do you need an Internal Model? Why? When? At What Cost?
Advantages and Disadvantages of the Internal Models, Including; Common Mistakes and What You Should Avoid at Any Cost
Right of Establishment and Freedom to Provide Services
The Impact of Solvency II Outside the EEA
Providing Insurance Services to the European Client
Competing with Banks
Regulatory Arbitrage: A Major Risk for Countries that see Compliance as an Obligation, not an Opportunity
We will discuss How Countries and Firms use Solvency II Compliance as a Competitive Advantage