Solvency II, Europe's forthcoming directive on capital requirements for insurance and reinsurance companies, will for the first time allow companies to calculate their own risk capital using internal models. But the models are a challenge to implement, requiring sophisticated skills and resources. Meanwhile, the models will allow companies to incorporate all forms of risk mitigation from derivatives hedging to geographic diversification.
Many of Europe's top companies with international opera
The week on Risk.net, March 10-16 2018Receive this by email