Tender notice · Contracts Finder
Flood Re - Independent Model Validation Delivery
Part of Flood Re - Independent Model Validation Delivery.
Flood Re is applying to the PRA to use a partial internal model (PIM) to set regulatory capital under Solvency II. Flood Re is exposed to risk from a single peril (flood) within a single territory (UK). The planned scope for the PIM is as follows. Insurance risk (premium, reserve and catastrophe risk), forward looking credit risk (in relation to expected RI recoveries) and operational risk will each be calculated using the Flood Re internal model. Market risk and credit risk relating to on balance sheet recoverables and cash at bank will be assessed using the Standard Formula. The components…
- Buyer
- Flood Re
- Published
- 18 Nov 2016
- Status
- active
- CPV
- 66519310 — Insurance consultancy services
- Tender period
- — – 3 Oct 2016
Other notices in this procurement
This is the only notice on record.
FAQs about this notice
What type of notice is this?
This is a tender notice published via Contracts Finder on 18 Nov 2016.
Which procurement does this notice belong to?
It is part of "Flood Re - Independent Model Validation Delivery", published by Flood Re.
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