Dissertation Survey regarding Solvency 2

1. In which country is your company's headquarter?

In which country is your company's headquarter?

2. Are you located in the UK?

Are you located in the UK? yes	no, I am located in ______ (please specify in 'other' field)
Other (please specify)

3. Solvency 2 will influence the competitiveness of the European insurance industry in a positive way.

Solvency 2 will influence the competitiveness of the European insurance industry in a positive way. strongly agree	agree	I don't know	disagree	strongly disagree
Other (please specify)

4. Solvency 2 will influence the competitiveness of my company.

Solvency 2 will influence the competitiveness of my company. strongly agree	agree	I don't know	disagree	strongly disagree
Other (please specify)

5. Do you have a Risk Management team which is dedicated working on Solvency 2 issues?

Do you have a Risk Management team which is dedicated working on Solvency 2 issues? yes	no	yes, we do have. However, this team is not working on Solvency 2 issues yet.
Other (please specify)

6. If you stated 'yes' to the question no.3, please state how many employees this team has.

If you stated 'yes' to the question no.3, please state how many employees this team has. 1-3	4-6	7-9	n/a
Other (please specify)

7. Do you have a Capital Planning / Actuarial team which is dedicated working on Solvency 2 issues?

Do you have a Capital Planning / Actuarial team which is dedicated working on Solvency 2 issues? yes	no	yes, we do have. However, this team is not working on Solvency 2 issues yet.
Other (please specify)

8. If you stated 'yes' to the question no.5, please state how many employees this team has.

If you stated 'yes' to the question no.5, please state how many employees this team has. 1-3	4-6	7-9	n/a
Other (please specify)

9. Do you consider recruiting additional staff for the implementation of Solvency 2?

Do you consider recruiting additional staff for the implementation of Solvency 2? yes, but we don't know how many yet	yes, 2 people maximum	yes, 4 people maximum	yes, 6 people maximum	maybe, but we have no approved headcount for it yet	no
Other (please specify)

10. If you stated 'yes' to question no.7, please state when you want to recruit.

If you stated 'yes' to question no.7, please state when you want to recruit. 2010	2011	2012
Other (please specify)

11. Do you use (or want to use) the help of external staff for the implementation process?

Do you use (or want to use) the help of external staff for the implementation process? yes	yes (consulting firms)	yes (temporary staff)	yes (contractors)	yes (FSA)	no
Other (please specify)

12. What do you think are the main benefits of Solvency 2 over Solvency 1 ?

What do you think are the main benefits of Solvency 2 over Solvency 1 ? the capital requirements	considering the unique risk profile of an insurer	changes of the valuation of the capital	disclosure requirements
Other (please specify)

13. Do you plan to develop your own internal model?

Do you plan to develop your own internal model? yes	yes, partial internal model	no	maybe
Other (please specify)

14. Please state the reason for your choice regarding question no.12.

Please state the reason for your choice regarding question no.12.

15. Where do you see the main implementation challenges or issues regarding Pillar 1 for your company?

Where do you see the main implementation challenges or issues regarding Pillar 1 for your company?

16. Where do you see the main implementation challenges or issues regarding Pillar 2 for your company?

Where do you see the main implementation challenges or issues regarding Pillar 2 for your company?

17. Where do you see the main implementation challenges or issues regarding Pillar 3 for your company?

Where do you see the main implementation challenges or issues regarding Pillar 3 for your company?

18. Do you or your dedicated staff make use of all the relevant Consultation Papers (CPs) issued by CEIOPS?

Do you or your dedicated staff make use of all the relevant Consultation Papers (CPs) issued by CEIOPS? yes	no	sometimes
Other (please specify)

19. How advanced is your implementation process?

How advanced is your implementation process? well advanced	advanced	somewhere in the middle	in the beginning	we have not started yet
Other (please specify)

20. If your choice is the internal model:
I expect the use test to be an onerous requirement.

If your choice is the internal model: I expect the use test to be an onerous requirement. strongly agree	agree	I don't know	disagree	strongly disagree	n/a
Other (please specify)

21. If your choice is the internal model:
Have you already started with the Internal Model Application Process (IMAP)?

If your choice is the internal model: Have you already started with the Internal Model Application Process (IMAP)? yes	no	no, but we will do this in 2010	no, but we will do this in 2011	no, but we will do this in 2012	n/a
Other (please specify)

22. We will be able to meet all required deadlines for the Solvency 2 implementation process.

We will be able to meet all required deadlines for the Solvency 2 implementation process. strongly agree	agree	I don't know	disagree	strongly disagree
Other (please specify)

23. The final deadline (31 October 2012) when Solvency 2 will come into force should be postponed.

The final deadline (31 October 2012) when Solvency 2 will come into force should be postponed. strongly agree	agree	I don't know	disagree	strongly disagree
Other (please specify)

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