Solvency II : internal model validation and the challenges for insurers

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<title>Solvency II</title>
<subTitle>: internal model validation and the challenges for insurers</subTitle>
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<namePart>Holland, Andrew</namePart>
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<namePart>Abbey, Tamsin</namePart>
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<namePart>Bevan, Keith</namePart>
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<abstract displayLabel="Summary">The authors consider the areas of an internal model requiring validation,  the tools needed to do so and the challenges insurers are now facing, including the Board's responsibilities as part of the validation process. They also illustrate how the validation activities may be split across different teams and outline how insurers can use their three lines of defence to coordinate the validation work</abstract>
<note type="statement of responsibility">Andrew Holland, Tamsin Abbey and Keith Bevan </note>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080571696">
<topic>Control interno</topic>
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<topic>Validación</topic>
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<topic>Empresas de seguros</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20190001342">
<topic>Administración de la empresa de seguros</topic>
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<title>Insurance Market Update</title>
<partNumber>August 2011</partNumber>
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