Documentation to Support Compliance with Solvency II
The European Commission implemented the Solvency II directive to introduce economic risk-based solvency requirements across all EU Member States. Solvency II is currently scheduled for introduction in 2014.
Insurers and Reinsurers in the European Union need to be preparing now to ensure that they will be able to meet the
modelling and documentation requirements of Solvency II. Re/insurers will be required to publicly disclose risk and capital information, including modelling details.
EQECAT is providing documentation on the methodology underlying its suite of natural catastrophe peril models to support Solvency II compliance. Below is a list of technical documents relevant to EQECAT's catastrophe risk models:
EQECAT/Platform Methodology Documentation:
- EQECAT General Model Methodology Document
- WORLDCATenterprise Europe Wind and Earthquake Models - A Solvency II Perspective
- WorldCat Classic Methodology
- WORLDCATenterprise - Country-Specific Information
Country/Peril Model Documentation
- Asia Typhoon Model
- Canada Earthquake Model
- Europe Flood Model
- Japan Earthquake Model
- Latin America Earthquake Model
- North Atlantic Hurricane Model
- US Brushfire Methodology
- US Earthquake Model
- US Offshore Energy Model
Solvency II Publication
Association for British Insurers
Industry Good Practice for Catastrophe Modelling
EQECAT's Gabriela Chavez-Lopez co-authored this guide to managing catastrophe models as part of The Internal Model under Solvency II.
Solvency II Resources
European Commission
Solvency II
Updates, background documentation, basic architecture, and other information and updates on Solvency II.
FSA Solvency II Webcast
FSA's all-day conference about Solvency II in London (recorded)
European Insurance and Occupational Pensions Authority
EIOPA Solvency II
Association for British Insurers
ABI Solvency II
