In order to help insurers to seek approval to use an internal model under Solvency 2, the FSA intends to publish regular updates on its website about internal model approval process (IMAP) activity. The FSA has now published its second IMAP update. The update provides information on key developments as the FSA starts the ‘pre-application’ phase of the IMAP.

View Solvency 2 - IMAP update, 15 February 2010