Solvency II reporting
Consultation Paper 58/09 (CP58) sets out CEIOPS' draft technical advice to the European Commission for the development of level 2 implementation measures under Solvency II's Pillar 3.
The paper highlights the opportunity for insurers to adopt an integrated approach to Solvency II by aligning with IFRS requirements. This would simplify reporting processes, systems and controls and allow insurers to take advantage of the strategic opportunities which Pillar 3 has to offer.
In response to the paper, we produced a point of view article, highlighting the key themes and areas of focus, including:
- Key reporting requirements
- Alignment with IFRS
- Senior management engagement
- Control, documentation and assurance
- Pillar 3 implementation programme
For further information, please download our publication Solvency II reporting (113 PDF KB)