April 5th, 2010

Solvency II - Approval of Internal Models: Part IV, Appendices

Posted at 10:00 AM ET

Eddy Vanbeneden, Managing Director
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This series concludes its review of the implementation measures described by CEIOPS regarding procedures to be followed for the approval of an internal model. The appendices are presented today.

Appendices

Appendix 1: Examples of model changes
In its final advice on ‘The procedure to be followed for the approval of an internal model’, CEIOPS gives the following examples of model changes:  

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model4big

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Appendix 2: Lamfalussy - Model from the perspective of CEIOPS

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Click here to read Part I: Introduction & Prerequisites for Approval >>

 
Click here to read Part II: The Approval Process >>

 
Click here to read Part III: The Approval Timeline, Approach for Group Internal Models & Conclusions >>

Contact Information
This series was prepared by Guy Carpenter’s Financial Intelligence Team (FIT). Questions regarding this briefing may be directed to any of the FIT members, listed below.

Susan Witcraft, Managing Director, Minneapolis                      +1 952 832 2143
Frank Achtert, Managing Director, Munich                                +49 89 28 66 03 361
Eddy Vanbeneden, Managing Director, Brussels                      +32 2 674 98 11
David Flandro, Senior Vice President, London                          +44 (0)20 7357 3267
Benoît Butel, Vice President, Paris                                            +33 1 56 76 48 26
Sebastien Portmann, Vice President, Zurich                             +41 44 285 9322

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