XBsRoLvency II: Say it with XBRL

Guest post by Gideon Benari. XBRL has been chosen as the reporting standard for Solvency II, thus bringing market harmonisation of the European insurance industry a step closer. The eXtensible Business Reporting Language format, essentially a sophisticated form of text mark up, facilitates the transfer of data between financial organisations in a standardised way. This [...]