United Kingdom
Solvency II

Solvency II 

With much more certainty now over the Solvency II timetable, the challenge for insurance companies is to cost-effectively embed the processes and systems that have been developed over the next two years. What needs to be done? How can this be completed as efficiently as possible, while minimising external spending?

We believe there are four key areas for companies to focus on:

 

A proportionate and pragmatic approach

We think it is important to recognize there is further business and regulatory change affecting companies and so a proportionate and practical approach is vital. We believe insurers who take a holistic approach will be best-placed to achieve long-term sustainable value creation, which their investors will reward.

How we can help

Our insurance practice provides insurers with the entire range of Solvency II project support. This varies from actuarial and risk specialists to advice on changing reporting processes and improving risk culture. Get in touch today and find out how we can help you.

 

Latest news

 

Our regular newsletter, Inform, covers the latest UK and European Solvency II based news and research from KPMG. The latest edition reports on the announcement of the pre-application process for matching adjustment, the PRA’s consultation paper on its approach to the transposition of Solvency II within the UK and many other pressing issues.

 

If you would like to subscribe to receive the e-newsletter, please register your interest.

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Contact


Richard Care

Richard Care

Partner, Head of Solvency II

KPMG in the UK

020 7694 2890

richard.care@kpmg.co.uk