Below you will find information and guidance relating to these work streams:
Sets out the high level plan in respect of the requirements for managing agents’ preparation for Solvency II
Internal Model SCR is a dedicated quantitative review of syndicate models and outputs as a key input to the LIM.
Focuses primarily on the valuation of assets and liabilities, excluding technical provisions.
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.
Focuses on ensuring the Internal Model is adequately controlled and robust processes and governance structures are in place.
Focuses on the framework, process and systems that agents need to have in place to meet the relevant requirements.
Focuses on ensuring the quality and integrity of the overall LIM application by ensuring that all agents prepare sufficient and appropriate evidence.
Access previous Solvency II Guidance including information on Gap Analysis, Implementation Plans and QIS 5.