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Aon Benfield's Gareth Haslip speaks about Solvency II

par News Assurances

When dealing with Solvency II implementation, companies were facing challenges concerning capital requirements. Today, as many companies are Solvency II ready, and as the deadline has been pushed back one year, there are questions about additional costs. There is however a way of dealing with this extra year as Gareth Haslip, Head of Risk & Capital Strategy for EMEA at Aon Benfield, outlines. Firstly, the solvency II expert outlines how the three pillars have challenged companies in depth, leading them to adapt their structure. Then, Gareth Haslip highlights how a company designs business strategy in a post Solvency II world. He outlines two perspectives; the economic perspective on how much profitability is generated per unit of risk, and secondly how profit is generated with the capital that is set aside. Aon Benfield has been helping companies to ready for Solvency II measures. Now, the focus is more about how a company can react to Solvency II in the long term, and how to become more competitive in the post Solvency II world. Find all News Insurances videos here : http://www.newsinsurances.co.uk/toutes-les-videos