![logo IVASS](https://algoritmic.it/wp-content/uploads/2021/09/logo_IVASS_500pxhight.jpg)
On October, 21st 2021 the Statistical Bulletin Year VIII – n. 12 – October 2021 reports the interim survey of Solvency II data (first half 2021) of Insurance Companies operating in Italy.
![Figure Solvency II June, 30 2021](https://algoritmic.it/wp-content/uploads/2021/10/figure_solvencyII_30.06.2021.jpg)
At the close of the first half of 2021, the Solvency Capital Requirement ratio between own funds and SCR at the Italian market level was 257%, an increase compared to the end of the first half of 2020 (211%) and at the end of 2020 (240%).
By dividing the companies by type of SCR calculation, those that use:
- the internal models have a weighted average ratio of 265% (224% at the first half of 2020 and 249% at the end of 2020);
- the standard formula, a ratio of 242% (190% in the first half of 2020 and 223% at the end of 2020);
- the standard formula with USPs, a ratio of 242% (190% in the first half of 2020 and 223% at the end of 2020).
Stay In Touch