Amendments to the Solvency II Directive is entering into the conclusive phase having final approvals provided by the European Parliament and the European Council in January 2024. Following its full ratification by the Council and the Parliament, expected to occur later in 2024, the revised Solvency II Directive will be mandated for national adoption. Alongside the work on integrating the Level 1 text, regulators and firms will need to adhere to new and amended Level 2 and Level 3 instruments, the details of which are still unclear.  .

To help our insurance clients flag any significant changes applicable to them of the new Directive and plan for the challenges that come with it, we are conducting a 1-hour online interactive session on the final amendments to the SII Directive. 

This workshop is intended for all insurers and reinsurers regulated by Solvency II. It will be relevant for Senior stakeholders and members of your Risk, Actuarial, Finance, Accounting and Reporting teams. 

Depending on your specific preferences, the workshop will cover:

  • An overview of the Solvency II review process to date
  • Expected future milestones and timelines of the Solvency II review
  • Main updates and modifications within Pillar 1
  • Significant changes introduced in Pillar 2
  • Significant changes introduced in Pillar 3

Register below or contact insurance@finalyse.com for more details. 

We look forward to talking to you. 

Register now


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Solvency II - timeline and directive

About the team

Francis Furey
Principal Consultant - Fellow member of the Society of Actuaries in Ireland - Expert in Actuarial and Risk Modelling / Internal Models Approval and Validation

Francis is a Principal Consultant in charge of our insurance practice in Dublin. He has 15 years of experience within the life and non-life (re)insurance industry. His expertise covers the areas of financial reporting, prudential regulation, and actuarial modelling. Francis has worked in both industry and consulting with extensive exposure to Solvency II and BMA-regulated clients and a keen eye on new regulatory developments.

Divyank Garg
Senior Consultant - Expert in Actuarial Modelling and Prophet / SAS

Divyank is a Senior Consultant with more than 8 years of experience and a part qualified Actuary. He has acquired expertise in Solvency II, IFRS17 and MCEV reporting and has worked for life and non-life business. He has extensive experience in Prophet modelling, DCS, statutory valuation and IFRS17 implementation and his coding skills include Prophet and DCS modelling, SAS, VBA, R.

Finalyse Insurance

Finalyse offers specialized consulting for insurance and pension sectors, focusing on risk management, actuarial modeling, and regulatory compliance. Their services include Solvency II support, IFRS 17 implementation, and climate risk assessments, ensuring robust frameworks and regulatory alignment for institutions.

Finalyse Banking

Finalyse leverages 35+ years of banking expertise to guide you through regulatory challenges with tailored risk solutions.
Our multidisciplinary team masters both technical and regulatory aspects, helping you adopt best practices and boost performance.

Finalyse Valuation

Valuing complex products is both costly and demanding, requiring quality data, advanced models, and expert support. Finalyse Valuation Services are tailored to client needs, ensuring transparency and ongoing collaboration. Our experts analyse and reconcile counterparty prices to explain and document any differences.

About Finalyse

Our aim is to support our clients incorporating changes and innovations in valuation, risk and compliance. We share the ambition to contribute to a sustainable and resilient financial system. Facing these extraordinary challenges is what drives us every day.