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Items tagged with "Solvency II"

London skyline seen from the River Thames

Overview – Bank of England and Solvency II

The Bank of England’s Prudential Regulatory Authority recently held a seminar of insurance industry members on Solvency II, providing information on what firms need to do to prepare for transposition on 31 March 2015 and implementation on 1 January 2016.  Topics included a full policy and implementation overview, modelling, technical information and more. Download the presentations.

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Gran Via in Madrid, Spain, Europe.

XBRL Spain Solvency II Seminar

28th October, 2014

XBRL Spain is hosting a Solvency II Seminar in Madrid on 28 October

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Single black fingerprint - simple monochrome image

EIOPA Issues LEI Guidelines

EIOPA has issued guidelines on the use of the Legal Entity Identifier (LEI) by national competent authorities to allow the use of these unique identification code for insurance and reinsurance undertakings across Europe. Unless their national regulator advises differently, regulated institutions that need to apply the Solvency II Directive must apply for their LEI(s) by 30 June […]

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Brussels at sunset.

14th XBRL EU Day & 20th Eurofiling Workshop

24th November, 2014

The next XBRL EU Day & 20th Eurofiling Workshop will be held from 24-27 November 2014 in Brussels, Belgium.

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News Item

UK Plans Stringent Prudential Rules

The UK is planning to adopt a stringent version of European Union (EU) rules on capital adequacy for its own underwriters, despite realizing that it will face criticism from EU members. Britain’s Prudential Regulation Authority (PRA) chief executive Andrew Bailey was quoted by Reuters as saying that the proposed rule, known as Solvency II (S-II), […]

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ACORD and XBRL International Release Solvency II Discussion Paper

ACORD and XBRL International, in collaboration with BR-AG (Business Reporting Advisory Group), today released a discussion paper examining touch points between the XBRL Solvency II taxonomy and ACORD’s Global Reinsurance and Large Commercial (GRLC) standards. The paper’s release was announced jointly by BR-AG’s CEO Michal Piechocki and ACORD’s Chief Industry and Government Affairs Officer, Ann […]

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