The importance of supervisory colleges has been underscored by the various international fora. The IAIS has responded in a timely manner with a guidance paper and is actively following-up to improve further the functioning of supervisory colleges...

An Example of the Steps of Market Development, Assessments Completed, After 2003 the Bank developed an alternative template, Observance of ICPs...

Lloyd's participation in markets takes many different forms. Regulatory treatment encountered varies considerably. Compliance is paramount. Opinions on reasonableness of regimes are not fixed and can evolve over time...

BAckground/Structure of IAIS, The International Solvency Requirements (ISR) Framework, Standards and Guidance, Future Standards and Guidance, Future Possibilities - Interactive session...

Solvency 2 is still an economic, principle based and risk based approach - but without group supoort no diversification effects with gaping hole on integrity of solvency...

Economic approach (diversification benefits) in line with Solvency II conceptual framework. Same level of protection to policy holders with a given level of capital across the group. Mechanism enhancing capital mobility within a group. Alignment with the way groups are effectively managed...

What we like about Solvency II, Solvency II design issues, Developments in the US, Lessons learned from the current gloabl crisis...

Is a world-wide convergence of regulatory regimes desirable/necessary? 1. Yes, to achieve a level playing field. 2. Yes to reduce systemic risk, 3. I am indifferent...

Introduction ; Level setting; The changing Euopean landscape; Strategic Issues; Beyond Euope; Conclusion...

Solvency Margin Scheme in Japan, present and future; The way we, as an industry, are going to adapt to global solvency margin standards; Lessons learned and ramification of the current financial crisis; Conclusion...