10.02.2006 Proposal for a standard approach for Solvency II
The German insurance industry has dealt intensely with the creation of a new supervisory model for European insurance companies since 1998. After the so called GDV-model from 2002 in the end of 2005 a proposal for a Solvency II compatible standard approach was published. In this project the GDV worked together with the German supervisory authority (BaFin) and the Association of the German actuaries (DAV).
