Post Tagged with: "solvency 2"

How XBRL Is Being Used for Insurance Solvency 2 Regulatory Reporting

How XBRL Is Being Used for Insurance Solvency 2 Regulatory Reporting

by September 3, 2016 at 1:00 am 1 comment

Image source EIOPA (European Insurance and Occupational Pensions Authority) has issued a mandate for Insurance companies to report their Solvency 2 status using XBRL and as of January this year the mandate is in place. This is a good example of using XBRL for RegTech, to help regulators find thatRead More

Solvency 2 on the Blockchain #regtech #insurtech

Solvency 2 on the Blockchain #regtech #insurtech

by June 23, 2016 at 1:00 am 2 comments

Image courtesy of SolvencyIINews Solvency 2 is a massive headache for Insurance. It is compicated (leading to big investment in IT and new processes), but worse is that it forces Insurance companies to allocate more capital to low risk (aka low return) investments. In this note we look at where the puck isRead More