How has Solvency II been affected by the financial crisis and how will it affect risk management among insurers?

Author's Biography

Sue Kean is Chief Risk Officer at Friends Provident plc. She has over 20 years' experience in insurance and financial services. She joined friends in February 2009 from IAG UK, where she held the role of Chief Risk Officer with responsibility for actuarial, risk and compliance, legal and audit functions. She has previously worked at Aviva and the Financial Services Authority, and held positions in relation to Solvency II on industry bodies such as the Chief Risk Officer Forum and the European insurance trade body, the Committee of European Assurances (CEA). Sue has extensive experience of major cultural change programmes, with a particular focus on setting new industry standards and embedding risk management.