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Solvency II

Solvency II – The next revolution

Solvency II poses a huge challenge for the whole insurance industry. Munich Re laid the foundations for Solvency II at a very early stage. Our clients benefit from our experience and our solutions.
Working together in partnership

Working together in partnership to deal with Solvency II


Solvency II poses huge challenges for our clients: risk management expenditure will rise and risk capital requirements will tend to increase.
» Working together in partnership

Solvency II implementation at Munich Re

Solvency II implementation at Munich Re


Within Munich Re, the preparations for Solvency II are well advanced and we are already very well prepared for Solvency II.
» Solvency II implementation

Strategic corporate and risk management

Strategic corporate and risk management


Risk management and strategic corporate management will become more professional as a result of Solvency II. Examples and solutions from Munich Re.
» Strategic management

Internal model – Clients profit from Munich Re’s experience

Internal model – Clients profit from Munich Re’s experience


Internal models and reinsurance will play a more crucial role under Solvency II. Munich Re is already using an advanced internal model.
» Internal model

Non-life: Specimen company

Non-life: Specimen company


Sample calculations for a specimen company show that reinsurance remains the simplest and most flexible way for an insurer to manage its business on an economic basis.
» Specimen company

Life underwriting under scrutiny

Life underwriting under scrutiny


The underwriting process is a core component of new business in life and as such represents a significant risk under Solvency II. Munich Re provides support for process optimisation.
» Underwriting under scrutiny

Current

February 2012

Solvency II: Where will the long road to the standard formula lead us?


The insurance industry awaits the European Commission’s implementing measures
» Knowledge Series Solvency II

December 2011

Update on Solvency II


Jörg Schneider, Chief Financial Officer, Member of the Board,
Joachim Oechslin, Chief Risk Officer,
Jürgen Dümont, Head of Solvency Consulting
» Presentation (PDF, 2.4 MB)

September 2011

Will Solvency II give full recognition to third-country supervisory systems?


The ability to set up branches and freedom of services are important principles for the European single market. Recognition makes it clear how insurance contracts with insurance companies from third countries are to be treated.
» Knowledge Series Solvency II