| Gearing up to Solvency II: Making Solvency II work for the business, September 2008 Solvency II has often been seen as primarily a technical actuarial exercise. However, many insurers are now coming to recognise its far-reaching business implications, with a number also beginning to appreciate its competitive potential. This includes more efficient use of capital, a more informed basis for decision-making and an improved ability to convey the strength and potential of the enterprise to analysts, investors, counter parties and rating agencies. Making Solvency II work for the business draws on analysis carried out by PricewaterhouseCoopers and explores how leading insurers are putting themselves on a firm competitive footing for Solvency II. It includes a checklist of key considerations for executives and a series of milestones that will need to be addressed over the coming year. |
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