Solvency II came into effect on January 1, 2016. The three pillars of the new supervisory regime contain extensive regulations that European insurers have to consider for their risk management. The pillars comprise a set of requirements, including specifications of risk capital calculation in pillar 1, regulations on the organizational structure of risk management in pillar 2, and requirements on periodical reporting in the third pillar.
Meyerthole Siems Kohlruss (MSK) supports insurers, reinsurers, industrial enterprises and captives in implementing the new regulatory requirements, and assists them in matters of risk management related to mathematical, quantitative questions as well as on strategic matters. The services provided cover all three pillars of the Solvency II guidelines, thus enabling holistic consulting.