KPMG launches first Solvency II data analytics service

KPMG today launches a Solvency II data aggregation service that enables insurers to benchmark themselves against other insurers for the first time. The new service, Solvency II Vantage Analytics, will aggregate Solvency II reporting data in the XBRL format, so that insurers who fall under the regulation can get meaningful insights about where they sit in the market. KPMG will produce reports for insurers wanting to see details like how their investment portfolio or liabilities compare to those of other insurers.

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