These packages of services provide captives with:
1. A full calculation of Solvency 2 Assessment:
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Balance sheet in Economic Value & SCR calculations
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The use of an Integrated Process between P1 & P3 and ORSA
2. Use of a robust Process flow:
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Identification of Data requirements and Data type (own Data, Assumptions, Technical Specifications, Market Parameters, Auditability, Traceability, …)
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A flexible tool to realize tests of Sensitivity on Parameters;
3. Actuarial function:
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Documentation of assumptions and models
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Actuarial activity report
4. Reporting and Supervisor’s requirements:
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Presentation of results to the Board
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Gap Analysis with last year results
- Fulfill of Supervisor’s requirements and EIOPA QRTs