Pillar 1 & Pillar 3 within a Solvency II package
A full calculation of Solvency II assessment with the Standard Formula approach
- Balance sheet in Economic Value
- Solvency Capital Requirement calculations
- Solvency Position
using a fully integrated process
- Well-structured data management
- Use of a robust Process Flow
- Data requirements and data type (own data, assumptions, technical specifications, market parameters)
- Data quality (auditability, traceability, etc.)
- Documentation
developped in a flexible tool to perform sensitivity tests
- Technical specifications test
- Own data test
- Market Parameters test
- …
producing reporting and NSA’s requirements
- Presentation of results to the Board
- Fulfilment of NSA’s requirements
- Fulfilment of the EIOPA QRTs