Solvency Capital Requirement Calculations
Our tool for calculating the Solvency Capital Requirement under Solvency II, SCR-Tool, is intuitive and simple to use. SCR-Tool comes with a powerful overview, and you can easily drill down in any component of the calculation. You can see the formulas, and results are presented exactly in the format, which is used in the QRTs. Nothing is hidden.
Update your market risk in seconds
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Amazing integration possibilities
Groups can define all their legal entities under their reporting tool account. You can easily produce reporting for all entities, and they will be naturally organised. If you prefer separated accounts with separated data as well for each legal entity, we provide easy access. One username – multiple access. You simply choose what entity you work with at logon. TP Tool makes it easy to work as a consultant for multiple insurance companies.
SCR-Tool includes relevant UK modifications. You can import variants of the risk-free interest rate term structures and the symmetric adjustment of the equity shock published by the PRA instead of the ones published by EIOPA.
SCR-Tool is a certified ISAE 3000 software solution. The software has been audited by PwC and Deloitte. Penetration tests have been performed by NCC Group to ensure and validate the security.
You can easily switch to SCR Tool. We provide you with a free and noncommittal account in the full test and transition period.
Assistance with the transition period is available and we are ready to give you a hand with the integration of some of your internal sources.
What the solvency ratio, SCR and MCR mean under Solvency II, the linear MCR formula, its 25% to 45% corridor, a worked example and what a breach triggers.
What an ORSA report must contain under Article 45, how insurers run the assessment, and how to project own funds and SCR across three years.
How the Solvency II SCR is built under the standard formula: risk modules, the Annex IV correlation matrix, a worked BSCR example and the S.25.01 rows.
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