Mark Hesketh joins from Royal Bank of Scotland
Insurers need to continue lobbying and maintain vigilance in order to ensure that the concessions made towards the industry by the European Commission on 15 April are sustained. The proposals could change yet again and cause further upward pressure on capital requirements, warns one of the respondents to our questions on the QIS5 draft.
Internal models for Solvency II should be fully embedded in the business but official guidance on this is quite vague, says John Ferry
Only forty-seven months to Solvency II! For insurers taking the internal model route crucial decisions are needed now. Jessica Baylis reports.