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»Seminars: Key Issues for a Successful Internal Model Application Process (IMAP)«

29/30 November 2012 | Warsaw, Poland



Organised by the EAA - European Actuarial Academy GmbH in co-operation with the Polskie Stowarzyszenie Aktuariuszy

Introduction

Under the new regulation of Solvency II (re-)insurance companies are able to use a (partial) internal risk capital model for their SCR calculations. Over the last years a number of companies in Europe have developed, improved and discussed their models with the supervisory authorities. Nevertheless to use these models for calculation of Solvency II SCR, a formal application needs to be submitted to the supervisory authorities (IMAP). In the last months the requirements for IMAP and expectations of the supervisory authorities have become much more transparent. It is the idea of this seminar to share the experiences of IMAP processes in countries like the UK, Germany and the Netherlands with the participants and to discuss possible solutions to achieve compliance with the requirements.



 
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