Results 301 to 310 of about 63,347 (333)
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2005
Die Kapitalmarktkrise ist an den Aufsichtsbehorden nicht spurlos vorbeigegangen. Sie mussten einsehen, dass Stresstests, bei denen die Passiva starr gelassen werden, die Aktiva aber um feste Prozentsatze abgesenkt werden, keine optimale Antwort auf eine komplexe Kapitalmarktwelt ist.
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Die Kapitalmarktkrise ist an den Aufsichtsbehorden nicht spurlos vorbeigegangen. Sie mussten einsehen, dass Stresstests, bei denen die Passiva starr gelassen werden, die Aktiva aber um feste Prozentsatze abgesenkt werden, keine optimale Antwort auf eine komplexe Kapitalmarktwelt ist.
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Solvency II: Calibration for skewness
Scandinavian Actuarial Journal, 2007The standard formula for the calculation of the capital requirement within the EU's Solvency II project will be modular based. Each capital charge from the modules will be calculated consistent with the overall capital charge, i.e. with the same risk measure, the same confidence level and time horizon. If any of the underlying probability distributions
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2010
The financial world is in a regulatory fever. Following decades of heralded deregulation, the industry seems in need of guidance, to remind the actors of the consequences of cumulating ill-advised incentives and inadequate actions in a sector which increasingly shapes our society.
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The financial world is in a regulatory fever. Following decades of heralded deregulation, the industry seems in need of guidance, to remind the actors of the consequences of cumulating ill-advised incentives and inadequate actions in a sector which increasingly shapes our society.
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Solvency II – A BPM Application
2018Solvency II brings challenging requirements for insurance companies concerning the amount and periodicity of the reported information. Hence, it is difficult for an insurer to comply with such requirements without mapping and organizing the flow of information regarding the process of Solvency II.
João Silva +2 more
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The United States RBC Standards, Solvency II and the Swiss Solvency Test: A Comparative Assessment [PDF]
The Geneva Papers on Risk and Insurance - Issues and Practice, 2008 Cummins et al. (1994) provide a conceptual framework for policymakers to use in analysing risk-based capital systems. Based on their framework, this article provides an overview and critical analysis of risk-based capital requirements, with a focus on property/casualty insurance, as implemented in three regions of the world (the United States, the ...
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2015
Auf EU-Ebene ist Solvency II die Richtlinie 2009/138/EG des Europaischen Parlaments und des Rates betreffend die Aufnahmen und Ausubung der Versicherungs- und Ruckversicherungstatigkeit. Analog zu Basel III sind die Inhalte des Solvency II-Regelwerks innerhalb eines Drei-Saulen-Modells verankert.
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Auf EU-Ebene ist Solvency II die Richtlinie 2009/138/EG des Europaischen Parlaments und des Rates betreffend die Aufnahmen und Ausubung der Versicherungs- und Ruckversicherungstatigkeit. Analog zu Basel III sind die Inhalte des Solvency II-Regelwerks innerhalb eines Drei-Saulen-Modells verankert.
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Solvency II – The Ultimate Formula for Managing Solvency Capital Requirement
SSRN Electronic Journal, 2011Solvency Capital Requirements – or SCR – are the key numbers of Pillar I of Solvency II. Any company concerned (e.g. an insurer) must calculate a capital according to its liabilities and its assets. The resulting number gives the theoretical level of capital that provides the solvency and viability of the company.
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Solvency II: A Driver for Mergers and Acquisitions?
The Geneva Papers on Risk and Insurance - Issues and Practice, 2014The European insurance industry is awaiting the new EU-wide harmonised Solvency II framework. Before its introduction, it is important to find out which incentive effects can arise from it. Practitioners predict a trend towards consolidation in the insurance sector due to recognition of geographic diversification effects in Solvency II’s standard ...
Rayna Stoyanova, Helmut Gründl
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Solvency II: Reasonable Expectations
2017Solvency II required many years and a lot of discussions to acquire its present form. The final text was also heavily influenced by the financial crisis. This chapter looks at key aspects of the negotation of Solvency II. It then looks at the implementation of the new risk based solvency framework. It concludes by looking at likely future developments.
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The Geneva Papers on Risk and Insurance - Issues and Practice, 2012
The European insurance industry is among the largest institutional investors in Europe. Therefore, major reallocations in their investment portfolios due to the new risk-based economic capital requirements introduced by Solvency II would cause significant disruptions in European capital markets and corporate financing.
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The European insurance industry is among the largest institutional investors in Europe. Therefore, major reallocations in their investment portfolios due to the new risk-based economic capital requirements introduced by Solvency II would cause significant disruptions in European capital markets and corporate financing.
openaire +3 more sources