Solvency II-related services

Solvency II will fundamentally change the insurance industry, particularly with regard to the significance of reinsurance. Under the new rules, the impact of our core product on cedants’ risk capital requirement and economic balance sheet is clear, so that it will be possible to measure the effect of reinsurance precisely.

However, as a result, insurance companies’ expectations of risk-transfer structures will rise, with traditional, substantially standard reinsurance programmes increasingly making way for solutions precisely tailored to clients’ risk profiles and balance sheets.

What does this mean for our clients? Since reinsurance will become a key capital and risk management tool, any reinsurance structure will have to address these two aspects directly, which will create additional challenges for many companies at a time when they are already more than fully occupied with the multi-faceted preparations for Solvency II.

Our broad range of services reflects our clients’ diverse needs, from providing basic knowledge through our Knowledge Series publications to supplying specialist actuarial and risk management expertise built up by Munich Re over many years for its own use within the Group. The objective is always the same: the optimal deployment of reinsurance for our clients.