Practical Issues in Implementing Solvency 2 for Lloyd's Managing Agents
On Wednesday 2nd February 2010, avantage will host the fourth in a series of breakfast roundtable discussions at Lloyd’s to discuss the practical issues Lloyd’s Managing Agents are facing in implementing Solvency 2. The topic will be independent review.
| What |
|
|---|---|
| When |
Feb 02, 2011 from 08:00 AM to 09:30 AM |
| Where | Old Library, Lloyd's, One Lime Street. London. EC3M 7HA |
| Add event to calendar |
vCal
iCal
|
We will discuss principle 7 of the Solvency II requirements, namely independent review. The principle states that insurers should subject their models to suitable regular independent review - internal or external depending on materiality - to validate the appropriateness of the model and be able to demonstrate that the model remains fit for purpose in changing circumstances. We will discuss what this means in practice and what the role of internal audit should be in carrying out the independent review.
Programme:
8.00 - 8.20 Breakfast
8.20 - 8.30 Welcoming and opening comments - Paul Sahota, Head of Solvency II, avantage
8.30 - 8.50 Model Validation and Independent Review Requirements - Rajiv Patel, Senior Consultant, avantage
8.50 - 9.00 Learning from the Banking Sector - Gerald Ancia, Partner, avantage
9.00 - 9.20 Round Table Discussions - All
9.20 - 9.30 Wrap Up and Closing Remarks - Paul Sahota, Head of Solvency II, avantage
To register for this event please sign up here.
For further information please contact Event Admin.
