Book description
A straightforward guide to the evolution, benefits, and
implementation of Solvency II
Providing a guide to the evolution, practice, benefits, and
implementation of Solvency II, Executive′s Guide to Solvency
II deftly covers this major European regulation which ensures that
insurers can meet their risk-based liabilities over a one-year period
to a 99. 5% certainty. Part of the Wiley and SAS Business series, this
book will guide you through Solvency II, especially if you need to
understand the subtleties of Solvency II and risk-based capital in
basic business language. Among the topics covered in this essential
book are:
- Background to Solvency II
- Learning from the Basel Approach
- The Economic Balance Sheet
- Internal Models
- People, Process, and Technology
- Business Benefits of Solvency II
Executive′s Guide to Solvency II has as its aim an explanation
for executives, practitioners, consultants, and others interested in
the Solvency II process and the implications thereof, to understand
how and why the directive originated, what its goals are, and what
some of the complexities are. There is an emphasis on what in practice
should be leveraged upon to achieve implementation, specifically data,
processes, and systems, as well as recognition of the close alignment
demanded between actuaries, the risk department, IT, and the business
itself.
David Buckham is the founder and president of
Monocle Solutions, an international risk assessment and optimization
company that provides various products and consulting services by way
of intellectual property.
Jason Wahl is head of research at Monocle Solutions. His areas
of interest include regulation of financial institutions and financial stability.
Stuart Rose is Global Insurance Marketing Manager at SAS
Institute, a market-leading business intelligence and analytics
software vendor. He has worked for a variety of software vendors where
he was responsible for marketing, product management, and application
development.
