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Solvency II

Solvency II

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Published by cfalevel123

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Published by: cfalevel123 on Nov 12, 2011
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04/11/2013

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 Solvency II
A closer look at the evolvingprocess transforming theglobal insurance industry
kpmg.com
 
2
Solvency II
 
Executive summary 
(1)
Why should the U. S. Insurance Industry care about Solvency II (2)
 
What is Solvency II?
(3)
Table of Contents
Exploring the three pillars
(6)
Compairing U.S. and EU systems (8)
 
The devil is in the detail
(9)
The information contained herein is of a general nature and is not intended to address thecircumstances of any particular individual or entity. Although we endeavor to provide accurate andtimely information, there can be no guarantee that such information is accurate as of the date it isreceived or that it will continue to be accurate in the future. No one should act on such informationwithout appropriate professional advice after a thorough examination of the particular situation.© 2011 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of theKPMG network of independent member firms affiliated with KPMG International Cooperative(“KPMG International”), a Swiss entity. All rights reserved. Printed in the U.S.A. The KPMGname, logo and “cutting through complexity” are registered trademarks or trademarks ofKPMG International. 24110NSS
 
3
Solvency II
 
Uncovering the benefitsof strategic implementation
(15)
 
Realizing the impact onthe United States and the world
(17)
U. S. reform: The Solvency Modernization Initiative (18)
Achieving equivalence
(20)
 
Understanding anevolving process
(21)
EIOPA Prepares for the Future (22)
Summary
(25)
Glossary
(26)

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