Solvency II – the great race: Transparent, practical and proven

As Solvency II nears fruition, the pressure on firms to produce internal capital models grows ever stronger. This is inherent in the approach, with QIS5 bringing sharply higher capital requirements, and also in the regulatory response, with regulators such as the FSA in the UK pushing firms to advance beyond the Individual Capital Assessment era and commit substantial resource to developing in-house models.