With offices in London, Paris and Luxembourg, Invoke is the trusted regulatory technology partner to supervisory bodies worldwide, as well as to firms in the financial services sector who fall under the scope of complex regulatory imperatives such as CRD IV and Solvency
Reports indicate this year the world's most populous country expects to put into effect a new risk-oriented and internationally comparable solvency
regulatory system that meets the needs of China's insurance market.
Today, more than 40 insurance companies spanning many European countries rely on Tagetik to automate Solvency
II compliance reporting," said Sabrina Rosati, executive vice president and head of professional services, Tagetik.
As per John Dowdall, managing director at Silverfinch, "The simple reality is that Solvency
II is about to create a new continent of data.
This is because law-makers recognise the capital burden that a more punitive version of Solvency
II would place on insurers which provide guaranteed products, particularly within an extreme low interest-rate environment.
Processes, functionality and business content for IFRS4 and Solvency
II is the norm specified by the European Union for its insurance industry.
IFRS 4 Phase II and risk-based capital solvency
requirements similar to Solvency
II in Europe is the biggest set of accounting and regulatory changes sweeping across industry in long time.
The backlash has made it harder for Britain to forge allegiances in the European Parliament as it attempts to relax the capital treatment under Solvency
II of long-term life insurance contracts such as annuities, more widely sold in the UK than in any other EU country.
So what is an "Own Risk and Solvency
Japan has already introduced an unconsolidated solvency
The session is a joint hosted session with JMR Consulting UK, Magellan Consultancy Services, Circle People and Hillway Consulting and will to cover all elements companies need to consider when dealing with Solvency
II to hit the impending deadline.