Role of the actuarial function under Solvency II

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<title>Role of the actuarial function under Solvency II</title>
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<name type="personal">
<namePart>Townley, Laurence</namePart>
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<publisher>Institute and Faculty of Actuaries</publisher>
<dateIssued>2011</dateIssued>
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<abstract>It is view of the authors that whilst Solvency II sets out a list of roles and responsabilities that must be fulfilled by the Actuarial Function, the requirements do not restrict or define the structure and organisation of the Actuarial Function, subject to it being able to meet its required responsabilities. The draft Level 2 indicates that conflicts of interest and independence will need to be considered but this indication still leaves room for insurers to determine the governance structures that are most appropriate for their business</abstract>
<note type="statement of responsibility">Laurence Townley...[et al.]</note>
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<topic>Solvencia II</topic>
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