Solvency Models (1 º Sem 2020/2021)

CA (Actuarial Science)

Objetivos

.to introduce the objectives and specificities of regulation of the insurance sector;
. to understand the risk associated to the assurance sector and their dynamics;
. To introduce the European supervisory architecture implemented in 2011;
.to introduce the new European regulatory regime-Solvency II;
.to gather knowledge of the Pillar I aspects of Solvency II, namely the valuation of assets and liabilities, technical provisions, own funds and capital requirements (SCR and MCR);
.no gather knowledge of the Pillar II, namely the system of governance, ORSA, capital add-ons and supervisory review process;
.no gather knowledge of the Pilar III aspects of Solvency II, namely requirements on public disclosure and reporting to supervisors.
The main competences to be developed are:
.the ability to identify and understand the dynamics of risks underlying insurance activities;
.the ability to perceive and interpret the regulatory requirements applicable to the insurance factor.