About CPD: Solvency II Comparison with International Capital & Solvency Frameworks (20/10/2026) - 2 CPD

IA|BE Solvency II vs. ICS Framework: Comparing Solvency II with the Insurance Capital Standard

Solvency II is not the only framework that determines how much capital an insurer must hold. Around the world, various solvency and capital regimes exist, each with its own principles, methodology and supervisory context.

Solvency II is one of several capital frameworks worldwide. At the global level sits the Insurance Capital Standard (ICS) the IAIS group-wide standard for internationally active insurers, adopted at the end of 2024, which different jurisdictions are now translating into their own regimes. This session provides a structured comparison of Solvency II and the ICS, examining where they overlap, where they diverge and how they differ in valuation, capital requirements and risk approach. It also draws on comparisons with other major capital frameworks, including Bermuda (EBS/BSCR), Japan (ESR) and the US (Aggregation Method), to place the European approach in an international context.

An accessible introduction for anyone looking to understand how Solvency II relates to broader, international developments in capital and solvency.

Target audience

This session is aimed at actuaries, risk and capital management professionals, supervisors, and anyone working with or interested in insurance solvency frameworks who wants to understand how Solvency II compares to the ICS. No prior knowledge of the ICS is required.

Practical information

This is a two-hour online session, delivered in English, and forms part of the broader IA|BE Solvency II training programme. The Teams link will be shared no later than two days in advance.