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Barnett Waddingham
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Solvency II optimisation: an introduction

Published by Scott Eason on

At the beginning of the summer we held a seminar on Solvency II, highlighting a number of ‘top priority’ areas for 2016.

The seminar focussed on:

  • preparing for external audit;
  • actuarial function reports; and
  • opinions on underwriting and reinsurance (marketing, can we link to slides/blogs).
In a world of lower interest rates, optimisation of profits and capital is a key issue.

We were also delighted to be joined by Geoffrey Maddox of Herbert Smith Freehill to discuss the potential implications of ‘Brexit’ on insurers.

Since our first seminar, Solvency II compliance and the UK’s decision to leave the EU have been a distraction to those running UK insurers. However, in a world of lower interest rates optimisation of profits and capital is a key issue.

We hosted a second SII seminar in October, focusing on three key areas where the optimisation benefit is most likely to be greatest.

A summary of the session delivered are below.

  • Scott Eason covered investing in a Solvency II/Brexit world
  • Jon Palin from our longevity team presented some research he has been doing on spurious parameters within longevity models. He also covered some of the highlights of a longevity risk survey we carried out over the summer
  • Michael Crawford who heads up our Data Analytics team then looked at how machine learning will change actuarial analysis
  • And finally Laura Hardy Business Development Director from RGA explained how reinsurers can help with optimisation with some cases studies

A series of blog posts summarising the sessions can be found through the links below.


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About the author

  • Scott Eason

    Scott is Head of Insurance Consulting, responsible for managing the life and non-life consulting teams which offer high quality, great value advice and support to insurance companies in our core areas of actuarial, risk management and investment advice.

    View Biography

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