MBE Consulting’s Andries Beukes and Ben Herrett recently sat down with Ashley Smith at CSS. In the podcast – Solvency II Review and What’s Next for Insurers, they discuss the increased drive by asset managers to attract insurance investors.
Solvency II
The insurance industry has developed organically over centuries, its growth fuelled by meeting societal needs, but accelerated by historically unscrupulous sales practices.
At the last Data for ERM & Solvency II conference hosted by Insurance ERM, MBE partner Vibeke Edvardsen chaired a forum on “Ensuring that your data governance framework is sufficiently agile to cope with the changing regulatory landscape”.
Although Solvency II obliges insurers to disclose material information, the regulations do not define what makes an asset material. Materiality is about more than just market value.
A mutual insurer dramatically improved transparency across their whole Solvency II reporting process and achieved cost-saving reductions in resource requirements by implementing MBE’s proprietorial technology.
Asset managers can be a valuable resource when it comes to ensuring that the data used in Solvency II calculations is compliant with TAS.
How asset management firms can use their knowledge of look-through data to assist insurers in their Solvency Capital calculations.








