Introduction

In today’s fast-evolving financial landscape, mastering Solvency II and Risk-Based Capital (RBC) principles is vital for insurance professionals, regulatory bodies, and risk managers. This intensive training course is meticulously designed to equip participants with a comprehensive understanding of capital adequacy, regulatory frameworks, and risk management principles under the Solvency II directive and RBC regimes. Training Course on Solvency II / Risk-Based Capital (RBC) Fundamentals focuses on capital requirement modeling, risk-based supervision, quantitative reporting templates (QRTs), pillar assessments, and own risk and solvency assessments (ORSA)—ensuring deep regulatory compliance and strong financial risk governance.

Participants will gain insights into economic capital modeling, asset-liability matching, and risk aggregation using case studies based on real-world regulatory challenges across Europe, Asia, and emerging markets. This course is ideal for organizations looking to enhance their regulatory resilience, actuarial capabilities, and strategic risk oversight by leveraging global solvency frameworks and regulatory technology (RegTech).

Programme Curriculum

Solvency II / Risk-Based Capital (RBC) Fundamentals Training Course

Introduction

In today’s fast-evolving financial landscape, mastering Solvency II and Risk-Based Capital (RBC) principles is vital for insurance professionals, regulatory bodies, and risk managers. Solvency II / Risk-Based Capital (RBC) Fundamentals Training Courseequip participants with a comprehensive understanding of capital adequacy, regulatory frameworks, and risk management principles under the Solvency II directive and RBC regimes. Training Course on Solvency II / Risk-Based Capital (RBC) Fundamentals focuses on capital requirement modeling, risk-based supervision, quantitative reporting templates (QRTs), pillar assessments, and own risk and solvency assessments (ORSA)—ensuring deep regulatory compliance and strong financial risk governance.

Course Objectives

Understand the regulatory framework of Solvency II and RBC.
Analyze key components of Pillar I, II, and III under Solvency II.
Identify capital requirement structures and calculation methods.
Evaluate the role of Own Risk and Solvency Assessment (ORSA).
Explore risk aggregation and diversification techniques.
Apply economic balance sheet approaches in solvency.
Examine asset-liability management (ALM) under solvency rules.
Learn about market risk, credit risk, and insurance risk modeling.
Analyze supervisory reporting and public disclosures (QRTs/SFCR).
Understand the global adoption of RBC frameworks.
Interpret the impact of stress testing and scenario analysis.
Apply governance and internal control requirements.
Explore trends in RegTech, AI, and digital solvency analytics.

Target Audiences

Insurance company executives
Actuarial professionals
Risk management officers
Compliance and regulatory officers
Financial analysts in insurance
Investment managers in insurance portfolios
Internal auditors
Supervisory authorities and regulators

Course Duration: 5 days

Course Modules

Module 1: Introduction to Solvency II and RBC Frameworks

Historical background and evolution of solvency frameworks
Comparison between Solvency I, II, and RBC systems
Key objectives and regulatory purpose
Roles of EIOPA and regional regulators
Introduction to core terms: SCR, MCR, ORSA
Case Study: Implementation timeline of Solvency II in the EU

Module 2: Pillar I – Quantitative Requirements

Overview of Solvency Capital Requirement (SCR)
Minimum Capital Requirement (MCR) thresholds
Standard formula vs. internal model
Risk modules: market, credit, underwriting
Correlation matrices and risk diversification
Case Study: Standard formula application in a mid-size insurer

Module 3: Pillar II – Governance and Risk Management

System of governance under Solvency II
Roles of key functions: actuarial, risk, compliance
ORSA methodology and process
Risk appetite framework and embedding into strategy
Documentation and supervisory expectations
Case Study: ORSA report from a UK-based insurance firm

Module 4: Pillar III – Reporting and Disclosure

Supervisory reporting requirements (QRTs)
Public disclosure: SFCR and RSR
Templates and technical standards
Frequency and submission timelines
Use of XBRL in data transmission
Case Study: SFCR analysis of a European insurer

Module 5: Economic Capital and Risk Aggregation

Definition and role of economic capital
Aggregation of risk using copulas
Diversification benefits and modeling
Risk-based pricing and capital allocation
Scenario analysis and stress testing
Case Study: Economic capital model for a diversified insurer

Module 6: Asset-Liability Management (ALM) and Investment Risk

ALM under Solvency II constraints
Matching adjustment and volatility adjustment
Spread risk and interest rate risk
Strategic asset allocation
Prudent person principle in investment
Case Study: ALM strategies adopted by pension-backed insurers

Module 7: Global RBC Practices and Emerging Markets

RBC frameworks in Asia (Singapore, Malaysia, Japan)
Comparison with Solvency II
Transition challenges in emerging markets
Regulatory harmonization and global trends
Local adaptations and practical implications
Case Study: RBC implementation in Malaysia

Module 8: Future Trends and RegTech in Solvency Monitoring

Digital transformation in solvency monitoring
Use of AI and ML in risk assessment
RegTech and compliance automation
Predictive analytics and solvency forecasting
Integration with ESG and sustainability risk
Case Study: Use of AI in solvency assessments in Scandinavia

Training Methodology

Instructor-led interactive sessions with industry experts
Hands-on analysis of real-world regulatory reports
Group activities and breakout sessions for problem-solving
Detailed case studies with guided walkthroughs
Access to digital course materials and post-training support

Register as a group from 3 participants for a Discount

Send us an email: info@fineskilltrainingcenter.org or call +254769199797

Certification

Upon successful completion of this training, participants will be issued with a globally- recognized certificate.

Tailor-Made Course

We also offer tailor-made courses based on your needs.

Key Notes

a. The participant must be conversant with English.

b. Upon completion of training the participant will be issued with an Authorized Training Certificate

c. Course duration is flexible and the contents can be modified to fit any number of days.

d. The course fee includes facilitation training materials, 2 coffee breaks, buffet lunch and A Certificate upon successful completion of Training.

e. One-year post-training support Consultation and Coaching provided after the course.

f. Payment should be done at least a week before commence of the training, to Fineskill Training Center account, as indicated in the invoice so as to enable us prepare better for you.

Skills & Software Covered

Solvency II RBC Insurance Risk Assessment Compliance

Programme Fee

Duration: 5 Days

Method: Online or Physical

Online Price: $1,000

Physical Price: $1,500

Certification: Accredited Certificate

View Available Dates 📄 Download Course Outline (PDF)

Available Sessions

Location

Month

Year

Oct 19 2026

19 Oct — 23 Oct 2026

💻 Online / Virtual session

Online $1,000