Understanding Solvency II purpose.
Defining economic capital.
Calculating economic capital.
Valuing assets and liabilities at fair value.
Calculate the risks foreseen in Solvency II.
Differentiate between the standard model and the internal model
Comprehend the concept of Enterprise Risk Management.
Calculate operational risk.
Fit economic capital and Solvency II into insurance management.
Regulatory Background
Solvency 0, I and II
Financial Guarantee Scheme
Assets and liabilities assessment for solvency purposes
Technical Provisions Assessment
Risk Margin
Specific criteria for financial holdings
Own Funds typology
Capital requirement coverage
Operational Risk Capital Requirements
Capital adjustment for loss absorption
Modules of impact on Capital according to types of risk
Technical Provisions and Best Estimates
Segmentation
Best Estimate Methodology
Segmentation
Best Estimate Methodology
Simplification and Reinsurance
The concept of Life-like Techniques
Non-Lifetime Techniques Module
Catastrophic Risk in Non-Life Like Health
Capital Requirements
Biometric risks
Consistency with other Approaches
Premium and reserve risk
Risk of falling portfolio
Non-Life Catastrophic Risk
Capital requirement limits
Minimum Non-Life Capital Calculation
Minimum Lifetime Capital Calculation