Description
Providing a guide to the evolution, practice, benefits, and implementation of Solvency II, Executive's Guide to Solvency II deftly covers this major European regulation which ensures that insurers can meet their risk-based liabilities over a one-year period to a 99.5% certainty. Part of the Wiley and SAS Business series, this book will guide you through Solvency II, especially if you need to understand the subtleties of Solvency II and risk-based capital in basic business language. Among the topics covered in this essential book are:
- Background to Solvency II
- Learning from the Basel Approach
- The Economic Balance Sheet
- Internal Models
- People, Process, and Technology
- Business Benefits of Solvency II
Executive's Guide to Solvency II has as its aim an explanation for executives, practitioners, consultants, and others interested in the Solvency II process and the implications thereof, to understand how and why the directive originated, what its goals are, and what some of the complexities are. There is an emphasis on what in practice should be leveraged upon to achieve implementation, specifically data, processes, and systems, as well as recognition of the close alignment demanded between actuaries, the risk department, IT, and the business itself.
About the Author
DAVID BUCKHAM is the founder and president of Monocle Solutions, an international risk assessment and optimization company that provides various products and consulting services by way of intellectual property.
JASON WAHL is head of research at Monocle Solutions. His areas of interest include regulation of financial institutions and financial stability.
STUART ROSE is Global Insurance Marketing Manager at SAS Institute, a market-leading business intelligence and analytics software vendor. He has worked for a variety of software vendors where he was responsible for marketing, product management, and application development.
Book Information
ISBN 9780470545720
Author David Buckham
Format Hardback
Page Count 208
Imprint John Wiley & Sons Inc
Publisher John Wiley & Sons Inc
Weight(grams) 390g
Dimensions(mm) 236mm * 160mm * 20mm
