Would CEIOPS have issued its consultation paper 59 on risk management and remuneration if it hadn't been for the banking crisis? Helen Yates reports.
Definitions differ across Europe, so more than just the solvency ratios have to be considered
Closing down or exiting the EU may be the result, says AM Best
One proposal from consultation paper 59: adjust bonuses for current and future risks
A survey shows they fear European companies will have a competitive advantage
KPMG has provided commentary on some of the key CEIOPS' consultation papers (CPs) issued on 3 July. The main issues: internal model governance and technical provisions. KPMG's analysis below covers CPs 39, 40, 41, 42, 43, 44 and 56, as well as the addendum to 37. Further papers are covered in today's other feature.
This is our edited selection from Watson Wyatt's commentary on some of the main CEIOPS' consultation papers (CPs) issued on 3 July. The selection here mainly covers the standard formula and the capital add-on, looking at CPs 45, 47, 48, 49, 50, 51, 52, 53 and 57. Further papers are covered in today's other feature.
Survey suggests firms have made only basic estimates of cost
The Solvency II level two implementing measures are not a done deal
It's on track to have internal model approval before 2012