SLIDE 1
C
- m
m e r c i a l R i s k E u r
- p
e , F r a n k f u r t , 2 N
- v
e m b e r 2 1 1
What does Solvency II mean for Buyers? 2
What does Solvency II mean for Buyers? Philippe Gouraud Head of - - PowerPoint PPT Presentation
What does Solvency II mean for Buyers? Philippe Gouraud Head of - - PowerPoint PPT Presentation
C o m m e r c i a l R i s k E u r o p e , F r a n k f u r t , 2 N o v e m b e r 2 0 1 1 What does Solvency II mean for Buyers? Philippe Gouraud Head of Major Accounts Practice & Multinational
SLIDE 2
SLIDE 3
What does Solvency II mean for Buyers? 3
What do buyers think about when they select their main insurance partner?
Geography Price Capacity Breadth of Offerings
SLIDE 4
What does Solvency II mean for Buyers? 4
Solvency II – 3 Pillars
- Capital
- Governance
- Disclosure
SLIDE 5
What does Solvency II mean for Buyers? 5
Standardisation Vs Diversification
Solvency II – Capital
SLIDE 6
What does Solvency II mean for Buyers? 6
Benefits of Standardisation
SLIDE 7
What does Solvency II mean for Buyers? 7
Benefits of Diversification
SLIDE 8
What does Solvency II mean for Buyers? 8
Will Solvency II bring the end of Mutualisation ?
…or will it be harder for tough risks to hide?
SLIDE 9
What does Solvency II mean for Buyers? 9
Solvency II – Governance
Is it the end of Master Controlled programmes? Increased benefit of owned over rented network?
SLIDE 10
What does Solvency II mean for Buyers? 10
Counterparty Risk: a new twist?
Before 2008 – Not actively managed After 2008 – Awareness and active management by “de-
risking” and spreading exposure Post Solvency II – Mutual benefit of insurer concentration vs risk diversification?
SLIDE 11
What does Solvency II mean for Buyers? 11
To recap:
Key impacts on Captive Owners vs. Key impacts on Corporate Programmes
SLIDE 12
What does Solvency II mean for Buyers? 12
More or Less choice for you?
SLIDE 13
Chartis is a world leading property-casualty and general insurance organization serving more than 40 million clients in over 160 countries and jurisdictions. With a 90-year history, one of the industry most extensive ranges of products and services, deep claims expertise and excellent financial strength, Chartis enables its commercial and personal insurance clients alike to manage virtually any risk with confidence. Chartis is the marketing name for the worldwide property-casualty and general insurance operations of Chartis Inc. For additional information, please visit our website at www.chartisinsurance.com.