- Home
- Solvency II

Solvency II
Meet your obligations under the Solvency II regulation, and access the necessary data needed to assess your capital adequacy.
Our take on Solvency II
Solvency II laid out a fresh set of regulatory requirements for European insurance firms. Its core aim is to harmonise capital requirements and risk management standards for the insurance industry.
The Solvency II framework has three areas, often referred to as pillars:
- Pillar 1 sets out quantitative requirements – these include rules to value assets and liabilities, to calculate capital requirements and to identify eligible proprietary funds to cover those requirements.
- Pillar 2 sets out requirements – for risk management and internal governance, as well as the details of the supervisory process with competent authorities.
- Pillar 3 addresses transparency – reporting to supervisory authorities and disclosure to the public, enhancing market discipline and increasing comparability, leading to more competition.
We can help you meet Pillar 1 and Pillar 3 obligations under the regulation. And we provide you with the necessary data needed to assess your capital adequacy.
From January 1, 2020, insurance regulator EIOPA began to use Refinitiv as its source for risk-free rate (RFR) term structures. Actuaries at insurance companies can gain a four-day timeliness advantage by taking the underlying data directly from us, rather than waiting for the official publication by the regulator.
How it works
Three key stages to our Solvency II solution
-
1
-
2
-
3
Features and Benefits
Why partner with Refinitiv for Solvency II
Also known as fund look-through data, provided in a consolidated feed (subject to non-disclosure agreements with fund management companies). This ensures that accurate fund constituents are sourced and aggregated for subscribers, maximizing their ability to meet regulatory reporting timelines.
Refinitiv Professional Services offers an extract, transform and load (ETL) software service. It’s a service which can combine full holdings data with pricing and reference. It also holds a client’s own proprietary data to populate the Tri-Partite Template for an insurer’s quarterly regulatory reporting obligation to the European Insurance and Occupational Pensions Authority or EIOPA.
An extensive library of pricing and reference data, including a full complement of attributes needed for TPT/Tri-Partite Template submission such as CIC, LEI and Ratings. Our evaluated pricing team covers less liquid and hard-to-price assets, meaning the additional capital requirements usually required from insurers when asset valuations are not available may be mitigated against.
We're here for you
Have questions? We're here to help. Talk to a real person and get the answers that matter most.