The Solvency II Practical Review Working Party seeks to evaluate the practical implications of Solvency II one year post-implementation and develop improvements for the PRA to consider in respect of this regulation.
Solvency II was implemented at the start of 2016. Already, however, limitations around the application of key aspects have started coming to light. This Working Party has been established to conduct a practical review of the regulation in order to better understand these limitations and their implications. Through the process of review, the Working Party aims to develop a list of possible improvements for the PRA to consider.
The working party will specifically focus on:
- technical Provision calculation and Balance Sheet
- standard Formulae application
- reinsurance application under the different models.
| Chair: |
Amrita Pattni |
|---|---|
| Co-Chairs: |
Ronnie Bedi – Capital stream leader Susan Yang – Technical Provisions stream leader |
| Membership: |
13 |
| Established: |
2016 |
Outputs
- September 2020 - Survey produced on the impact on Covid-19
- GIRO 2019: D4 Solvency II Risk Margins and SCR from First Principles
- Solvency II Practical Review Working Party Paper
- GIRO 2018: Wokshop E: Solvency II Practical Review Working Party Update
- B2: Solvency II Practical Review Working Party (Presentation at GIRO 2017)
Related documents
-
Guidance for Member-Led Research Working Parties
9 November 2017
Contact Details
If you want more information about this research working party please contact the Communities Team.
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