News

CEIOPS publishes the main spreadsheet to be used by solo undertakings and groups to complete their QIS5 submission due for end-October 2010 (solo) and mid-November 2010 (groups).

The Financial Regulator has issued the first edition of their Solvency II Newsletters, which they plan to issue on a quarterly basis.  The newsletter is intended to keep insurance and reinsurance undertakings informed and up-to-date on Solvency II policy developments, implementation activities and events.

The Society of Actuaries in Ireland has welcomed the Financial Regulator’s Review of Minimum Competency Requirements (Consultation Paper 45), noting that “The Requirements benefit consumers by ensuring that individuals who sell or provide advice on retail financial products acquire relevant competencies first”.  

 

News Release from the IAA

CEIOPS have to-day (11 August 2010) issued an errata list for the QIS5 technical specifications, and an updated Q & A document. 

Solvency II – QIS 5 Workshops

The Society of Actuaries in Ireland and the Financial Regulator are currently organising a series of workshops in September on QIS 5 (Qu

Submission to Financial Regulator on Investment Guarantees

The Financial Regulator published a consultation paper during the summer on “Investment Guarantees – Guidance on Reserving and Risk Governance”. 

CEIOPS has this morning (6th July) published the final QIS5 specifications.  The 6 documents are available as a single ZIP download

The UK Actuarial Profession has been formally approved to award the new Chartered Enterprise Risk Actuary (CERA) qualification for actuaries.