Solvency II Training

Location	Date	Price	Details	Register
London	14 Sep, 10	€ 695.00 EUR	Download	Register Now
London	16 Nov, 10	€ 695.00 EUR	Download	Register Now

Solvency II 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 their new responsibilities in order to protect their reputation, wealth & their organization
To understand what is mandated by the Solvency II Directive and what is just "nice to have"
To see Solvency II as a Competitive Advantage

WHAT YOU WILL LEARN

Solvency II: The new Role of the Board of Directors Executive & Management
Board and Risk Management: The Expectation to Demonstrate an In-Depth Understanding of the Framework
The Direct Correlation between Risk and Capital - by Improving the Quality of Risk Management Firms can Reduce the Required Regulatory Capital
Understanding the Minimum Capital Requirement (MCR) and the Solvency Capital Requirement (SCR)
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.
Pillar 2 and the Supervisory Review Process (SRP)
Supervision of Insurance and Reinsurance Undertakings in a Group
Parent Undertakings Outside the Community
Special Purpose Vehicles (SPV’s)
Reinsurance Undertakings: What is Different
Solvency II is a Challenge, but it can Become an Opportunity
We will discuss How Countries and Firms use Solvency II Compliance as a Competitive Advantage