Solvency II Update

Einleitung/Dauer

The amended Solvency II Directive entered into force on 28 January 2025 and will apply from 30 January 2027 following national transposition.

This web session will provide an overview of the key amendments introduced by the revised Directive and the main attention points from the Delegated Regulation published on 29 October 2025 by the Commission. It will also cover the ongoing EIOPA consultation papers and the contribution of the AAE Solvency II Working Group.

You will gain a clear understanding of the practical implications of the new framework, its expected impact on insurers and supervisors, and the preparatory steps needed ahead of the 2027 application date.

Preliminary Programme
Tuesday, 16 June 2026
09:30-11:00 Topics:

• Background of the review
• Pilar 1-2 -3 changes
• Proportionality measures

11:00-11:15 Break
11:15-12:45 Topics:

• AAE view on the changes
• Model risk and internal models
• Key takeaways
• Quiz

All the above times are given in CEST (Central European Summer Time).

Vorgehensweise und Ziele

The objective of this web session is to explain the participants active in Solvency II the changes in the EU prudential framework and exchange on quantitative, qualitative and modelling implementation. To make the session even more interactive and fix key take aways, we will end up with a quiz.

Teilnehmer

Participants are expected to have some basic knowledge on the 3 pillars of Solvency II.

Technical Requirements
Please check with your IT department if your firewall and computer settings support web session participation (the programme Zoom will be used for this online training). Please also make sure to join the web session with a stable internet connection.

Dozierende

Daphné de Leval
Daphné de Leval is a Belgian IA|Be and IA Qualified Actuary with more than 20 years of professional experience. She specializes in life insurance actuarial techniques, pension funds and risk management. She has worked on diverse functions: Solvency II implementation, Actuarial Function, Risk management, Financial and Prudential audit, IFRS 17 implementation, M&A. She is an active Actuary at IA|Be (SII WG-Chair) and AAE (Insurance Committee & Solvency II WG- Vice-Chair). She is passionate about learning and teaching to have a positive impact on society and gives regularly training sessions at EAA.

Michael Leitschkis
Dr. Michael Leitschkis is Managing Partner at Kynesis consulting. He has previously served as Principal at a leading consulting firm and Group Chief Actuary at a large international insurance group, brings more than 20 years of experience in the insurance industry notably in Germany, the UK and Bermuda. Michael is a frequent public speaker at international actuarial conferences and teaches risk modelling within the CERA curriculum of the European Actuarial Academy.

Sprache/Kurztitel

The language of the web session will be English.

CPD Credits
For this web session, the following CPD credits are available under the CPD scheme of the relevant national actuarial association:

• Austria: 3 points
• Belgium:  3 points
• Bulgaria:  4.5 points
• Croatia: individual accreditation
• Czechia:  3 hours
• Denmark: 3 credits
• Estonia:  3 hours
• Finland: 3 points
• France:  18 points
• Germany:  3 hours
• Greece: 4 points
• Hungary:  3 hours
• Iceland: 3 credits
• Ireland: 3 hours
• Italy: individual accreditation
• Latvia: 3 hours
• Lithuania: 3 hours
• Netherlands:  approx. 3 points (individual accreditation)
• Norway: 3 points
• Poland: 3 hours
• Portugal: 3 hours
• Serbia: 3 hours
• Slovakia:  individual accreditation
• Slovenia:  individual accreditation
• Spain: CAC: 3 hours, IAE: 3 hours
• Switzerland:  individual accreditation
• USA: SOA (Section B): up to 3.6 hours

No responsibility is taken for the accuracy of this information.