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