Below you will find information and guidance relating to these work streams:

> Overall Approach

Sets out the high level plan in respect of the requirements for managing agents’ preparation for Solvency II

> Internal Model SCR

Internal Model SCR is a dedicated quantitative review of syndicate models and outputs as a key input to the LIM.

> Valuation and Balance Sheet.

Focuses primarily on the valuation of assets and liabilities, excluding technical provisions.

> Technical Provisions and Standard Formula

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.

> Governance, Risk Management and Use

Focuses on ensuring the Internal Model is adequately controlled and robust processes and governance structures are in place.

> Reporting and Disclosure

Focuses on the framework, process and systems that agents need to have in place to meet the relevant requirements.

> Documentation and Final Application

Focuses on ensuring the quality and integrity of the overall LIM application by ensuring that all agents prepare sufficient and appropriate evidence.

> Previous Solvency II Guidance

Access previous Solvency II Guidance including information on Gap Analysis, Implementation Plans and QIS 5.