Solvency II is an EU legislative programme to be implemented in all 27 Member States, including the UK. It introduces a new, harmonised EU-wide insurance regulatory regime.
Regulatory Information
View all 'Regulatory Information'Regulatory requirements for the European insurance industry
About Solvency II
Find out about Solvency II, including the level 1 framework directive, level two implementing measures and level 3 guidance.
Market tools and resources
Find information relating to the syndicate workstreams, including briefings, guidance and a glossary.
Other useful links
Internal Model SCR
Internal Model SCR is a dedicated quantitative review of syndicate models and outputs as a key input to the LIM.
Model Validation
Focuses on ensuring syndicate models produce an appropriately calibrated SCR and that models are demonstrably compliant with the relevant tests and standards of the Directive.
Model Change
Model Change reporting requirements are detailed in the guidance here and MS12 Scope, Change and Use. Templates are also provided for reporting to Lloyd's.