The Yearbook & Directory of Ireland's international financial services industry Tuesday, 22nd October 2019
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Milliman

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Solvency II [Insurance & Reinsurance]

Profile: Milliman's Solvency II expertise has been built by working with clients as they prepare for Solvency II, and by working at the heart of the Solvency II project through representatives on the Group Consultatif, An Taoiseach's Solvency II Working Group and the Society of Actuaries in Ireland. Milliman has a presence across Europe which gives us access to local expertise and the ability to deliver multi-country projects.

We have undertaken many engagements in preparation for Solvency II. We also have a range of useful materials available on the Solvency II section of our website at Milliman.ie, and we provide a range of briefings and training sessions on Solvency II.
Services:
  • Internal Model pre-application, regulatory submission and approval
  • Lead or support Solvency II transformation projects
  • Actuarial Modeling - valuations, profit testing, business plans
  • Development and/or review of ORSA
  • Outsource the Risk Management Function
  • Outsource the Actuarial Function
  • Discharge the role of Head of Actuarial Function or Reviewing Actuary
  • Briefing sessions - Board updates, in-house sessions, education
  • VEGA software for the production of Quarterly Reporting Templates (QRTs)
  • Solvency II Compliance Assessment Tool for compliance monitoring, project management and a reference resource to all legislation and guidance.