Solvency II and regulatory capital

Regulatory capital requirements are all moving towards a risk-based approach. Solvency II has led the change and is now largely embedded as part of 'business as usual' in the UK and the EU.

Whilst the 'business as usual' process is largely established, implementation remains complex, time consuming and susceptible to alternative interpretation – which can materially affect the Solvency Capital Requirement.

Moore Stephens’ actuaries are experienced with implementing Solvency II accounting principles, Standard Formula calculations and completion of the full suite of regulatory reporting from Pillar 1 to Pillar 3, the SFCR and all other aspects in between. We have implemented full internal models, partial internal models, modified undertaking specific parameters (USPs) and quantified capital add-ons as prescribed by regulators.

We will implement, maintain and document USP, partial or full internal models, guiding the model approval process and helping clients meet the reporting requirements.

The key areas of actuarial support are: