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How does SAP support Solvency II?

tamilselvanm
Participant

‎09-09-2015 10:12 AM

0 Kudos

Hi Experts,

I would like to know how SAP supports Solvency II. Please guide me.

1 REPLY 1

Former Member

‎09-10-2015 9:45 AM

0 Kudos

Hi Tamilselvan,

Solvency II bases on three pillars.

For pillar 1 SAP supports with SAP Solvency Management for Insurance which is covering the requirements by standard risk model calculation based on SAP Insurance Analyzer framework

For pillar 2 SAP supports with SAP GRC solutions for governance, risks, and compliance requirements. For the risk management of insurance business SAP supports with SAP Reinsurance Management.

For pillar 3 requirements SAP supports with SAP Disclosure Management and a XBRL reporting add-on for Solvency II

Please let me know if this answers your question. If yes, please mark this thread as answered.

Best regards

Karsten Tecklenburg

Insurance Industry Principal

SAP Deutschland SE & Co. KG

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