Solvency II
Meet quantitative and qualitative requirements and regulatory reporting needs of Solvency II compliance or other standards such as RBC, SST… Ensure an agile and smooth compliance process with addactis® Solvency II solution!
Your Needs
Towards a more reliable and secure relationship with your supervisor thanks to our dedicated, fully auditable solution, designed for all insurance prudential standards and enhanced by decades of practice around regulatory aspects.
From constraint to opportunity: determine and optimize your solvency ratios and indicators with the utmost precision, for all sectors of activity, taking full advantage of our addactis’s cutting-edge expertise in actuarial modelling integrated into this solution.
Ensure a fast, agile and relevant implementation of your compliance project based on addactis’ proven approach and benefit from one of the world’s leading expertise on prudential standards. Many experts from different regulators have participated in the development of our “proportionality principle” methodology.
Actuarial Requirements
You need to meet the highest technical standards and consider your internal constraints ?
Understand and easily evaluate the different modules of the standard formula, calculate technical provisions and future cash flows using deterministic and/or stochastic methods, draw up a prudential balance sheet, or even build a complete or partial internal model.
Own Risk & Solvency assessment - Orsa
Willing to put Solvency at the forefront of your decision-making process?
Accurately model the different stress test scenarios set by the regulator or by the company’s executive board. Allow your governance bodies to easily and quickly identify the impact of strategic decisions or stress tests on capital, according to your risk appetite criteria.
Regulatory automated Reporting
You want to secure your regulatory process?
You are seeking a track-recorded solution for the complete production of prudential reporting, ensuring data quality, auditability and transparency, fully compliant with Solvency II requirements. Not only do you benefit from an easy-to-use XBRL converter, but also from an automated export of your regulatory reports.
Adaptive with best-in-class compliance methodology
You have to deal with specific issues, a complex environment or multi-branches?
Your solution must adapt to all sectors of Non-Life or Life insurance as well as to all environments, from the simplest configuration to the most complex. A customizable solution to your own characteristics , which maintains full compliance with Solvency II and other regulatory requirements.
Integrating your environment
You want your Compliance to be fully integrated in your IT and organization?
If you are a small national monoliner or a very large international multi-branch companies, your solution should cover both Standard Formula and Internal Model implementation, mostly in an integrated and interoperable way with their different systems, software and internal data warehouses.
Our Solution
Your Challenge
Meet the operational Regulatory challenges
addactis® Solvency II produces Best Estimates calculations – stochastic or deterministic -, ALM studies, risk scenarios and stress tests, and integrates standard formulas or internal models. It also includes the addactis® Library, one of the largest libraries of actuarial models in the world, directly integrated, tested and available.
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Implementation & Actuarial Support
A scoping mission prior to our solution implementation is initiated, based on a proven methodology, tried and tested in dozens of configurations from different sizes, types and complexity levels. This approach is key for a suitable, efficient and long-lasting project which aims to reduce costs and implementation times.
The addactis® Solvency II support teams will assist you throughout the implementation of our solution.
They provide you with personalised technical helpdesk, adapted to your needs, on all quantitative and qualitative aspects related to the various international prudential standards.
Customized Training
The implementation of the addactis® Solvency II solution includes dedicated training sessions to make your teams feel perfectly comfortable using the solution.
The Addactis teams also produce numerous analyses, in-depth papers and regular focus on prudential standards which are shared during our Users’ Club.
Your Solvency II solution!
Our Solvency II Experts
Every month, the experts of our internal Solvency II committee meet to discuss current prudential issues, and regularly publish their analyses and work on our blog.
Risk-free rate curves and EIOPA data
Each month, Addactis lists and summarizes the economic parameters used to produce the solvency ratio and the economic balance sheet: risk-free rate curves, volatility correction, symmetrical equity adjustment, etc. Read our article now.
Launch of the EIOPA 2024 stress test exercise
On April 2nd, EIOPA launched its stress-testing exercise for the year 2024. Find out more about the scenario and the methodological approach applied in the synthesis produced by our experts.
Solvency II: EIOPA publishes the Ultimate Forward Rate (UFR) for 2025
Ultimate Forward Rate 2025: Following EIOPA’s publication, read our experts’ comments on the calculation methodology, the value of the UFR 2025 for the euro currency, the evolution of the UFR and the LLP…
Secure the relationship with your supervisor thanks to our solution designed for all prudential insurance standards
You want to know more? Ask our experts to contact you!
Get answers to your questions, and find out why the addactis® Solvency II solution is the ideal solution for your organization.
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