The FSA have pushed out their "quantitative techniques and tools" for (Tier 2) internal model pre-application candidates to help assist discussions with everyone in the application queue. Primary objective of this is "to identify and prioritise areas for review".
First they are asking for ICA, Internal Model SCR and Standard Model SCR figures as at end of 2010. A questionnaire wil be out in the next couple of weeks, to be returned by end of September, and analysed by the FSA over Q4.
They are also asking for risk dependency and aggregation structures, also in a questionnaire format, along the same timescales (however, as there is an EU-wide aspect to this, the timescale is looser).
An online repository for Solvency II, ERM and Corporate Governance material and comment from the Principal of Governance Matters, an independent Risk Consultancy firm based on the Isle of Man.
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