COURSE RF1: SOLVENCY II DIRECTIVES (3DAYS)
OBJECTIVES
The overall goal of this three-day seminar is to review the impact of Solvency II regulation on the business and capital strategy, risk management and financial standing of insurance companies. It is designed to provide delegates with in-depth knowledge and skills required to understand the Solvency II and Reinsurance Directives of the EU, the implication for the US and global insurance community. It will address the key building blocks in the detail and provide a practical accelerated implementation approach.
TARGET AUDIENCE
Insurance professionals, Accountants, Analysts, Regulators, Bankers, Risk Managers, and Auditors, but is also appropriate for a broader audience who wish to gain insight into changing solvency rules for insurance companies. The course assumes a basic understanding of insurance business lines and risks as well as accounting.
Program Level - Intermediate
Delivery Method - Live Group
COURSE BENEFITS
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Describe the main provisions of the EU regulations
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Understand the strategic benefits and implication of Solvency II on the Global Insurance Industry, and the Impact of these on the US Insurance Industry
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Explain the most important provisions resulting from the Basel III regulation
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Analyze capital requirements under the new regulation
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Identify and discuss alternative compliance strategies that could be appropriate.