Tired of running stochastic scenarios for your technical provisions? You can probably do with a lot fewer

Two weeks ago, I wrote up a little piece on three ingredients to make Solvency II Technical Provisions – and a lot of similar problems – easier. One of those was to choose your random numbers right, which sounds like a contradiction in terms. It turns out, you can do some neat tricks without ruining Read more about Tired of running stochastic scenarios for your technical provisions? You can probably do with a lot fewer[…]

Are Solvency II technical provisions hard? Here are a few tricks to make your life easier

Admitted, technical provisions under Solvency II are never going to be easy. They require loads of data that often hardly exist, methodologies beyond the traditional actuarial curriculum, and technical solutions that are expensive whether bought or developed internally. However, there are ways to take away some of the headache. If your headache comes from delivering Read more about Are Solvency II technical provisions hard? Here are a few tricks to make your life easier[…]