Practitioner's Guide to Solvency II, A

A Practitioners guide to Solvency II provides a complete explanation and guide to the provisions of the new Solvency II directive and its effect on the day-to – day operations, systems and controls.  This title helps in the understanding of a complex directive providing practical guidance and preparation for the new regime and ongoing compliance. Information is delivered in an accessible way including examples and flow charts to aid understanding.

Featuring:

• Covers all aspects of the new regime, explaining the impact on day to day  operations
• Deals with governance requirements under the new rules
• Detailed coverage of the new capital requirements under the directive
• Explains new reporting and disclosure obligations
• Covers reinsurance
• Explains implications and practical steps to be taken when firms get into financial difficulty
• Coverage of implication for cross-border transactions
• Written by foremost experts from law and accountancy practices

• Introduction
• Overview of SII regime
• Assets and liabilities/technical provisions
• Own funds
• Capital requirements
• Reinsurance & risk mitigation Techniques
• Groups
• Governance
• Reporting and Disclosure
• Cross-border issues
• Special Rules relating to certain categories of insurance business
• Getting into financial difficulty/reorganisation and winding up