The Standard Formula
Episodes
South Korea in Focus: Analyzing One of Asia’s Most Dynamic Insurance Markets
23 Feb 2026
Contributed by Lukas
South Korea's insurance industry is estimated to be the seventh-largest globally, with high market concentration: three life insurers hold approximate...
Prudential Solvency in Africa: Navigating Regimes Across Five Key Markets
18 Dec 2025
Contributed by Lukas
On the latest episode of "The Standard Formula," host Rob Chaplin is joined by associates Dev Jain and Richi Kidiata for a comprehensive tour of Afric...
Prudential Solvency in Latin America: Inside the Region’s Largest Insurance Markets
25 Nov 2025
Contributed by Lukas
While Latin America accounts for just 3% of the global insurance market, the region's total written premiums grew at an impressive 11% annually betwee...
Analysing Canada’s Prudential Solvency Regime
10 Oct 2025
Contributed by Lukas
Canada has one of the world's most sophisticated and internationally integrated insurance markets, marked by robust capital requirements and an increa...
An Update on the EU and UK’s Solvency Regimes
27 Aug 2025
Contributed by Lukas
In this episode of The Standard Formula, host Robert Chaplin and Skadden colleague Theo Charalambous provide a high-level refresher on Solvency II, So...
Analyzing India’s Fast-Growing Insurance Market
12 Aug 2025
Contributed by Lukas
India has emerged as the 10th-largest insurance market in the world by total premium volume, yet its insurance penetration level sits around 3%-4%, we...
A Review of China’s Prudential Solvency Regime
29 Jul 2025
Contributed by Lukas
China's insurance market has emerged as the second-largest in the world and is on pace to become the largest worldwide by the 2030s. In the seventh ep...
An Overview of the Prudential Solvency Regime in the United States
27 Jun 2025
Contributed by Lukas
In the latest episode of Skadden's yearlong podcast series on global prudential solvency requirements, host Rob Chaplin and colleague Chiara Iorizzo e...
Assessing Prudential Solvency Regimes in the Middle East
29 May 2025
Contributed by Lukas
The Middle East insurance market is expected to grow significantly as a hub over the next several years, with predicted growth of almost 29% by 2028. ...
Examining the Cayman Islands’ Prudential Solvency Regime
29 Apr 2025
Contributed by Lukas
In the fourth episode of Skadden's yearlong podcast series on global prudential solvency requirements, host Robert Chaplin and associate James Picksto...
Assessing Prudential Insurance Regulation in Japan
24 Mar 2025
Contributed by Lukas
In the third episode of Skadden's yearlong podcast series on global prudential solvency requirements, host Robert Chaplin and colleague Annabel Smethu...
Analyzing Bermuda’s Prudential Solvency Regime
28 Feb 2025
Contributed by Lukas
In the second episode in Skadden’s yearlong podcast series on global prudential solvency requirements, host Robert Chaplin and colleague Abraham Alh...
Unpacking the IAIS’ Adoption of the Insurance Capital Standard
10 Feb 2025
Contributed by Lukas
Host Rob Chaplin and Skadden colleague Caroline Jaffer debut the first episode of a yearlong series on global prudential solvency requirements, which ...
12 Key Insurance Regulatory Developments: A Look Back at This Year’s Highlights
17 Dec 2024
Contributed by Lukas
As 2024 draws to a close, Rob Chaplin invites colleagues to review a year of change throughout the insurance industry. In keeping with the spirit of a...
The SFCR and Other Public Reporting: A Solvency II Cornerstone
25 Nov 2024
Contributed by Lukas
In this installment of The Standard Formula’s series on Solvency II, host Robert Chaplin and Chiara Iorizzo unpack the regime’s public reporting e...
Understanding the Supervision Component of Solvency II
28 Oct 2024
Contributed by Lukas
Host Robert Chaplin and guest James Pickstock cover the Solvency II supervision framework, which is designed to protect policyholders and promote insu...
Insurers in Difficulty: Staying Compliant Under Solvency II
23 Sep 2024
Contributed by Lukas
When U.K. insurers observe they cannot comply with requirements under Solvency II, there are detailed steps that one must take.Feargal Ryan, European ...
Valuation of Assets and Liabilities Under Solvency II
21 Aug 2024
Contributed by Lukas
Because strategically allocating assets and managing investments are key to an insurer’s business, valuing assets and liabilities is an important ar...
Governance Regulatory Compliance for Insurers
29 Jul 2024
Contributed by Lukas
Solvency II imposes numerous governance requirements on insurers. In this episode of “The Standard Formula” podcast, Skadden partner Sebastian Bar...
Using an Internal Model to Calculate Solvency Capital Requirements
27 Jun 2024
Contributed by Lukas
“Insurers are expected to hold eligible owned funds in excess of the Solvency Capital Requirement. There are two main methods of calculating the SCR...
Dissecting the Solvency Capital Requirement
29 May 2024
Contributed by Lukas
“The Solvency Capital Requirement, or SCR, is designed to protect policyholders by helping to make sure that insurers can survive difficult periods ...
Solvency II Back to Basics: Technical Provisions
29 Apr 2024
Contributed by Lukas
“Technical provisions are crucial, as they form the fundamental basis for assessing the financial stability of insurance and reinsurance plans.”In...
Investment Rules for Insurers and Reinsurers
27 Mar 2024
Contributed by Lukas
The U.K.’s investment rules for insurers and reinsurers have become particularly interesting due to recent proposals for reform relating to U.K. sov...
Understanding the UK’s Matching Adjustment Regime
27 Feb 2024
Contributed by Lukas
In September 2023, the U.K.'s Prudential Regulation Authority (PRA) released its second consultation paper on reforms to the Solvency II regime for U....
Group Supervision Under Solvency II
30 Jan 2024
Contributed by Lukas
This episode of the “The Standard Formula” podcast is the fourth in the “Back to Basics” series focusing on developments in the Solvency II re...
Developments on the Horizon for the UK Change-in-Control Regulatory Regime
17 Jan 2024
Contributed by Lukas
In this episode of “The Standard Formula” podcast, which focuses on Solvency II developments, Skadden partner Rob Chaplin is joined by colleague O...
Solvency II Back to Basics: Third Country Branches and Cross-Border Provision of Services
12 Dec 2023
Contributed by Lukas
This episode of “The Standard Formula” podcast is part three of the “Back to Basics” series, which takes a deep dive into the Solvency II regi...
Reinsurance and Risk Transfer: Risk Mitigation Under the Solvency II Regime
13 Nov 2023
Contributed by Lukas
This episode of “The Standard Formula” podcast is a continuation of the Back to Basics series. Skadden partner Rob Chaplin and his colleague Imad ...
Back to Basics: Exploring the Many Facets of the Solvency II Regime
18 Oct 2023
Contributed by Lukas
This episode of “The Standard Formula” podcast launches the “Back to Basics” series, which will comprehensively cover the U.K.’s Solvency II...
Understanding Insurance Resolution Regimes
22 Aug 2023
Contributed by Lukas
This episode of The Standard Formula podcast discusses three emergent insurance resolution regimes that deal with the failure, or potential failure, o...
International Association of Insurance Supervisors: Who They Are and Their Industry Impact
26 Jun 2023
Contributed by Lukas
In this episode of “The Standard Formula” podcast, partner Rob Chaplin reviews the International Association of Insurance Supervisors (IAIS) with ...
Bermuda Monetary Authority Proposes Enhancements to its Regulatory Regime
25 Apr 2023
Contributed by Lukas
In our latest installment of “The Standard Formula” podcast, partner Rob Chaplin and associate Ilianna Kotini discuss the proposals made in ...
Comparing Prudential Solvency Regulatory Regimes
08 Mar 2023
Contributed by Lukas
In its simplest form, a prudential solvency regime is designed to ensure insurance policyholders are compensated while allowing insurers to remain com...
The Edinburgh Reforms: Big Bang 2.0 or Thoughtful Change?
25 Jan 2023
Contributed by Lukas
Following the recently introduced Solvency UK for insurers, the British government has announced the Edinburgh Reforms, which propose various amendmen...
UK Government Announces Post-Brexit Solvency II Reforms
19 Dec 2022
Contributed by Lukas
As part of its departure from the European Union (Brexit), the United Kingdom is moving away from key EU insurance prudential regulatory standards, in...
Welcome to The Standard Formula - Solvency Two for Insurers
14 Dec 2022
Contributed by Lukas
From Skadden, The Standard Formula is a Solvency Two podcast for UK and European insurance professionals.Join us as Skadden Partner Robert Chaplin lea...