Our Solvency II Board training survey found that many insurance companies are grappling with what the regulators are expecting from Directors in relation to Solvency II and what can realistically be achieved in the remaining time.
Boards need to have the necessary skills and experience collectively, to be able to move past the numbers, use them strategically to gain competitive advantage and manage the business in a volatile environment.
We believe that insurers must take the initiative now, rather than waiting for more clarity and failing to stand up to market and regulator challenge.
