Solo and group SAM quantitative reporting training
This training session deals with the solo and group Solvency Assessment and Management (SAM) quantitative reporting templates (QRTs) for non-life and life insurers.
The course is aimed at financial directors and managers, actuaries and finance team members who are involved in the preparation and review of solo and group SAM regulatory returns. The course will also benefit those who would like a refresher on the requirements to be applied in preparing the return.
The intention of this training is to work through the key statements based upon the available guidance and our experience from auditing and completing these returns.
Starting off with the solo SAM QRT:
- We will begin with the QRTs that are applicable to both life and non-life insurers, including the assets, own funds, SCR and MCR reporting templates.
- Next, we will move on to the non-life and life technical provision templates.
- We will provide insight into areas of uncertainty and areas where significant judgement is usually applied. We will also discuss areas of the return that you, as a reviewer, can use to actively manage the business as well as to ensure that the results of the return appropriately reflect the nature of the business.
- We will end off with a session on SAM reporting governance. We will discuss best practice governance processes and procedures to assist your organisation in developing and sustaining an effective and efficient SAM reporting structure. In addition, we will discuss the audit requirements for issuing both a review report on specific statements and an audit opinion on other statements.
Moving along to the group SAM QRT:
We will provide an overview of the key elements of the financial soundness standards for insurance groups and the manner in which these translate into the completion of the group QRTs. This will include scoping and methods for assessing insurance groups’ financial soundness, guidance on the completion of certain relevant statements of the group SAM QRT and the manner in which own funds and SCR are aggregated.
Logistics
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Your investment |
R2,900 per delegate excluding VAT |
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Estimated CPD |
7.5 hours |
Attendance can also be logged to support your continual professional development (CPD) requirements.
Click on this link for access to our full suite of 2026 insurance training courses on offer for the year.