Posted on Sep 19, 2011

Explaining Solvency II and Other Important Lessons

I never like to willingly admit it, but there are certain topics, or particular subjects that seem to make my mind shut off. Perhaps you too have experienced this, and know where I am coming from. As I get older, and find that my peers expect me to know about these matters I realize that it would be in my best interest to get a handle on these things. A recent example of this is Solvency II. The title alone sounds palatable, and yes it is something that I conclude that I should know about, and not rely upon anyone else to bring me up to speed.

But, as soon as I turn to any materials that will give me a clue as to what we are talking about, or let me amend that, what I should try to grasp so I can hold an educated conversation about it, the brain goes fuzzy. Now, funny thing is my wife seems to be quite knowledgeable on these new insurance requirements. Fortunately for me, things get balanced out when anything to do with math is involved, then my wizardry in the field is highlighted, and she tries to hide away.

Best part is, I am too stubborn to rely upon her to teach me, but she recognizes how easy it is to leave the math up to me, and does it without as much as a huff. When will I learn to swallow my pride, and use my resources? Till then I guess I will be pleased that I can repeat those phrases about these EU insurance regulatory regimes that I have memorized. That way I can continue to conceal my lack of true knowledge on the subject.

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