Q&A: Ann Muldoon, Friends Life, Solvency II programme director

Michael Faulkner talks to Ann Muldoon, Solvency II programme director at Friends Life, about how the insurer is progressing with its Solvency II implementation programme

Ann Muldoon at Friends Life

Life & Pension Risk: How has Friends Life approached Solvency II implementation?

Ann Muldoon: We have a large Solvency II programme, a material component of which is a finance systems development piece. We inherited that work from the heritage Axa business [Resolution acquired Axa’s UK life and pensions business in June 2010]. After the acquisition we extended that to integrate the financial reporting systems across Friends Life. Following this we now have largely one actuarial model and one

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