In this post from Anthony Burke on the JMR Blog he outlines some of the basics of XBRL reporting and explains how it is fast becoming the defacto reporting standard for the insurance industry worldwide.
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Monthly Archives: June 2011
XBRL and Solvency II – part one: guest post
Winners and losers of a Solvency II delay
What will happen if your firms is not Solvency II ready on time? Hector Sants, Chief Executive Officer of the FSA answers the question at the ABI Biennial Conference. Others look at the implications of a delay in implementation.
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Solvency II news: Deadline Delay Fever Special
The possible delay in implementation of Solvency II made the headlines on Monday. The FT reported that “one person familiar with the commission’s thinking confirmed that some delay was now likely.” News of a possible delay to full implementation was mentioned by Risk.Net earlier last week. “Deadline delay fever” may also be fuelled by...
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Solvency II translation and pronunciation across the EU
A list of translation and pronunciation of Solvency II in the 27 EU countries, with a link to the relevant regulator.
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Solvency II: harmoniser or destroyer?
The principle of proportionality is essential for applying Solvency II to match the size and risk profile of the entity. Currently there is not enough guidance on how it will be applied, prompting many SMEs to ask: will Solvency II be a harmoniser or destroyer?
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The pioneers in green – guest post
In this guest post, Allan Christian, author of the Governance Matters blog shares his thoughts on Solvency II in Ireland and reviews a presentation given by Matthew Elderfield, Deputy Governor (Financial Regulation) of the Central Bank of Ireland in May this year. Allan is quick to post insights and views on Solvency II. His...
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Solvency II news: 6 June 2011 Barnier responds, FSA Q&A
Barnier responds, FSA conference Q&A, research, tweets. “Criticisms levied against Solvency II, particularly that calibrations are too high, have not been confirmed by evidence.”
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XBsRoLvency II: Say it with XBRL
XBRL has been chosen as the reporting standard for Solvency II, bringing market harmonisation of the European insurance industry a step closer.
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