Executive summary of the Level 2 implementing measures

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By Thomas Guidon, Fabrice Taillieu, Gary Wells, Jeffrey A. Courchene, Joël van der Vorst, Peter Moore, Vincent Robert | 02 September 2010
As an alternative to sifting through thousands of pages of draft and final consultation papers, Milliman has prepared an executive summary of the non-life guidance released by CEIOPS, which highlights the areas that are still less than 100% clear. We have structured our comments around six main non-life themes, including the economic balance sheet, data management, the CEIOPS standard formula, implications for internal models, risks governance, and disclosure.