Solvency
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Integrated. Reliable. Future-ready.

Solvency II – Pillar I

Standardized approach for calculating assets and liabilities under Pillar I.

Benefits

  • Compliance through an audit-proof reporting process
  • Efficiency through fully automated calculations
  • Significantly reduced error rates and resource allocation for employees
  • Leading provider of solvency solutions in Europe with extensive experience in implementing reporting solutions

CHALLENGE

Complex Solvency II requirements pose major challenges for insurers

The broad range of topics and high reporting frequency require insurance companies to establish efficient processes for managing the regulatory requirements of Solvency II. This is essential for achieving timely results. The objective of Pillar I is to compare the Solvency Capital Requirement (SCR) and Minimum Capital Requirement (MCR) with the available own funds.

Automated calculation based on the Solvency II Standard Formula

zeb.control supports the automated calculation of key Pillar I requirements, particularly the interaction between SCR, MCR and available own funds. The standard model covers different lines of insurance, including non-life, life, health, reinsurance and composite insurance.

Solo and group requirements

The software supports both individual insurance companies and insurance groups. Integrated consolidation functions enable the automatic creation of group views and reduce the need for manual reconciliation.

Flexible data and valuation models Geben Sie Ihr Feedback zu BizChat ab.

zeb.control processes data at different levels of granularity and supports actuarial methods such as reserving and tail estimation processes. In addition, specific valuation models, such as the inflation-neutral valuation method (INBV), can be integrated.

Regulatory certainty

An audit-proof reporting process supports insurers in complying with regulatory requirements. When the legal framework changes, zeb provides timely software updates for the Pillar I calculations.

Scenario analyses and operational efficiency

Fully automated calculations reduce the risk of errors and the amount of resources required within the specialist department. At the same time, the software enables the simulation of different scenarios, providing greater transparency regarding their impact on capital requirements.

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CONTACT

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