Results 311 to 320 of about 4,684,020 (381)

Solvency II post-Brexit: equivalence discussion in light of the UK solvency II review and the financial services and markets bill

Journal of Financial Regulation and Compliance, 2023
Purpose Following the United Kingdom's (UK) withdrawal from the European Union (EU), there is uncertainty in the financial services industry on equivalence of regulatory regimes. This also affects the insurance industry.
Anton P. Müller, Svend Reuse
semanticscholar   +1 more source

Solvency II Directive (Solvency II)

2020
Abstract This concluding chapter discusses two relevant directives: the Directive (2009/138/EC) on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II); and the Directive (2016/97/EU) on insurance distribution (IDD).
Bob Haken, Isabella Jones
openaire   +1 more source

Solvency II

2017
Il presente capitolo offre una panoramica dei principali cambiamenti nella concreta operatività di una compagnia di assicurazione alla luce della recente introduzione della nuova cornice regolamentare "Solvency II".
De Angelis, C, Fortunato, R, Nicotera, R, Santoboni, F, Tosti, A.   +4 more
openaire   +3 more sources

A new skewness adjustment for Solvency II SCR standard formula

Scandinavian Actuarial Journal
Under the Solvency Capital Requirement (SCR) formula of European Solvency II, the required capital for an insurer is calculated as the Value-at-Risk of the aggregate loss, utilizing a modular approach with a set of fixed correlations among business lines.
Heejin Kim, Jeongsoo Kim, J. Kim
semanticscholar   +1 more source

Quantum internal models for Solvency II and quantitative risk management

British Actuarial Journal
This paper extends previous research on using quantum computers for risk management to a substantial, real-world challenge: constructing a quantum internal model for a medium-sized insurance company.
Muhammad Ahmer Amjad
semanticscholar   +1 more source

Enterprise risk management and Solvency II: the system of governance and the Own Risk and Solvency Assessment

, 2020
The purpose of this paper is to analyze how enterprise risk management (ERM), the system of governance and the Own Risk and Solvency Assessment (ORSA) have been boosted with the entry of Solvency II.,For this analysis, the authors have undertaken a ...
Pablo Durán Santomil, L. O. González
semanticscholar   +1 more source

Time Consistent Solvency Capital Requirement Under Solvency II.

SSRN Electronic Journal, 2020
In this paper, we analyse the current dynamic definitions of the Solvency Capital Requirement (SCR) and we propose a new dynamic and time consistent formulation of the SCR, that is compliant with the Solvency II directive. In case of a single liability cash-flow at maturity, Devolder and Lebegue (2017) analyse the time-consistent dynamic formulation of
openaire   +1 more source

FUNDAMENTAL DEFINITION OF THE SOLVENCY CAPITAL REQUIREMENT IN SOLVENCY II

ASTIN Bulletin, 2014
AbstractIt is essential for insurance regulation to have a clear picture of the risk measures that are used. We compare different mathematical interpretations of the Solvency Capital Requirement (SCR) definition from Solvency II that can be found in the literature.
Christiansen, Marcus C., Niemeyer, Andreas   +1 more
openaire   +2 more sources

Loss portfolio transfer treaties within Solvency II capital system: a reinsurer’s point of view

Insurance Markets and Companies, 2020
Loss portfolio transfer (LPT) is a reinsurance treaty in which an insurer cedes the policies that have already incurred losses to a reinsurer. This operation can be carried out by an insurance company in order to reduce reserving risk and consequently ...
Nicolino Ettore D’Ortona, G. Marcarelli, Giuseppe Melisi   +2 more
semanticscholar   +1 more source