The ‘R³S eFrame Enterprise introduction for IFRS 17 building’ seminar was successfully held in Korea on the 20th of September, 2018. This event was organized through cooperation with RNA, SecondFloor and iTeyes Inc. to provide the best solution for companies seeking a reliable integrated solution for IFRS 17. The ‘R³S eFrame Enterprise’ provides an automated … Read More
Op 14 september 2018 organiseert de DNB een kennissessie over IORP II voor Pensioenfondsbestuurders en belangstellenden. De kennissessie zal plaatsvinden bij DNB en is bedoeld voor personen die werkzaam zijn in de pensioensechtor en zich bezig houden met de implementatie van IORP II. De DNB zal tijdens een interactieve kennissessie haar visie op IORP II … Read More
SecondFloor heeft tijdens de zomerperiode hard gewerkt aan het ontwikkelen van XBRL rapportages voor de FTK-Verslagstaten van Pensioenfondsen. We zijn zeer tevreden met het resultaat en geloven dat onze oplossing u als Pensioenfonds ondersteund met een vlotte transitie naar betrouwbare XBRL rapportages. Met onze jarenlange ervaring binnen Solvency II taxonomieën zijn we er van overtuigd … Read More
We are pleased to announce that during the 2nd quarter of 2018, RNA Analytics and SecondFloor agreed to a partnership to better serve the insurance market in Asia-Pacific region for implementing IFRS 17. The aim of this partnership is to license and distribute SecondFloors’ eFrame® software under the chosen name: R3S eFrame® Enterprise. By combining … Read More
The Korea Accounting Standards Board (KASB, Chair: Eui-Hyung Kim) agreed on 25 May 2018 to issue a new insurance contract standard, K-IFRS 1117 Insurance Contracts, the Korean translation of IFRS 17 as issued by the IASB. K-IFRS 1117 will be subsequently submitted to the Financial Services Commission (FSC) for endorsement; and upon the endorsement, K-IFRS … Read More
On 21st and 22nd of March, SecondFloor and Shanzer Risk Management organize two intensive days to explore the capabilities of SecondFloors’ powerful risk & regulatory software. Actuarial staff from selected insurers will participate in this workshop hosted by KPMG. For the Israeli market SecondFloor introduces the “iQRT – Solvency II package” implemented with eFrame® – … Read More
The insurance branch for one of the larger financial services groups in the Nordic region migrated to eFrame – Enterprise edition. SecondFloor’s Enterprise Risk Reporting solution will replace multiple existing solutions to streamline Solvency II reporting. Insurers often started Solvency II implementation at least 5 years ago. Vendors had developed functionality to meet Solvency II … Read More
Lookout from our CEO – Bart Oortwijn Looking back on 2017 SecondFloor has developed strongly, as specialist in the niche market for insurance risk management. Last year we realized a 100% growth in number of clients and extended our partner network to be better connected with the market. We have improved client relationships and became … Read More
We are pleased to announce that during the 4th quarter of 2017, RNA Analytics and SecondFloor agreed a strategic association. The aim of this collaboration is to combine the expertise of each party in order to provide clients with complete, scalable, end-to-end solutions in the global insurance risk market. RNA Analytics and SecondFloor have an … Read More
After the analysis of the 2016 SFCR’s published this year, EIOPA today issued a supervisory statement with improvements for future reporting. In general reports are published on time and complied with the Solvency II requirements. However improvements of the quality of the future reports are needed. Our solutions efficiently address key improvements required by EIOPA: … Read More
We are pleased to announce that during the 4th quarter of 2017, SecondFloor and Posthuma Partners signed a strategic partnership. The aim of this partnership is to serve the European Insurance Market better when it comes to Actuarial software and Solvency II solutions. The partnership brings together two excellent software modules, developed by highly experienced … Read More
The development of the common supervisory culture was a key theme at the EIOPA 7th Annual conference in Frankfurt. Participants confirmed that common regulation is established by EIOPA with the Solvency II regime, and the next step would be common supervision across jurisdictions. EIOPA shared its views about convergence in the brochure “A Common Supervisory … Read More