Challenges of Partial Internal models
The postponement of the CEIOPS’ paper and the vagueness of current available information add to the confusion over how partial internal models might be used. These are however central to Solvency II as they are likely to be the choice of the majority of insurers. This article discusses definition problems and challenges that have been identified by various solvency II experts in relation to the use of partial internal models. Click here to read full article.