A change in legislation directly impacts your insurance portfolio.
A modification of the maximum technical rate or minimum tables of mortality in life insurance requires you to proceed to a tariff adjustment or to work with contract generations.
The implementation of Solvency II forces you to consider your products not only from the angle of profitability, but also in terms of the management of risks and capital requirements. Your reinsurance policy should perhaps be amended accordingly. A detailed technical analysis is necessary to put into perspective these new factors and ensure maximum consistency between appetite of risk, capital requirements, and risk mitigation techniques.