E N D
1. Day of Insurance - 30/05/2007 Solvency II New Framework for Risk Management Organisation
2. Day of Insurance - 30/05/2007 AGENDA Understanding Solvency II
Setting up Integrated Risk Management Framework
Leveraging on Economic Capital
Becoming a a leader (conclusion)
3. Day of Insurance - 30/05/2007 SOLVENCY II TIMELINE
4. Day of Insurance - 30/05/2007 SOLVENCY II ARCHITECTURE
5. Day of Insurance - 30/05/2007 INTEGRATED RISK MANAGEMENT FRAMEWORK
6. Day of Insurance - 30/05/2007 VISION STRATEGY RISK POLICY (ROADMAP)
7. Day of Insurance - 30/05/2007 EXAMPLE OF POLICIES FRAMEWORK
8. Day of Insurance - 30/05/2007
9. Day of Insurance - 30/05/2007 GENERIC RM ORGANISATION
10. Day of Insurance - 30/05/2007 ECONOMIC CAPITAL & IRM
11. Day of Insurance - 30/05/2007
12. Day of Insurance - 30/05/2007 BEST PRACTICE MODEL RM FRAMEWORK
13. Day of Insurance - 30/05/2007 ECONOMIC CAPITAL CORE OF INTERNAL MODELS
14. Day of Insurance - 30/05/2007 CALCULATION OF ECONOMIC CAPITAL
15. Day of Insurance - 30/05/2007 RISK - RETURN FRAMEWORK
16. Day of Insurance - 30/05/2007 VALIDATION Validation covers all internal models
Validation comprises organisation & process
17. Day of Insurance - 30/05/2007 CONCLUSION Market competitive advantage
Improved cost efficiency by engaging resources and capital only once
Optimization of on-going business through more adequate capital allocation
Investments made now for RM re-engineering will provide a strong return in medium-term perspective
Regulatory requirements driven by Solvency II Directive
18. Day of Insurance - 30/05/2007 Back-up slides
19. Day of Insurance - 30/05/2007 ORM Governance structure (example)
20. Day of Insurance - 30/05/2007