We consider two possible approaches to the problem of incorporating explicit general (i.e. economic) inflation in the non-life claims reserve estimates and in corresponding reserve SCR, defined - as in Solvency II - under the oneyear view. The actuarial approach provides a simplified solution to...

We consider two possible approaches to the problem of incorporating explicit general (i.e. economic) inflation in the non-life claims reserve estimates and in corresponding reserve SCR, defined - as in Solvency II - under the oneyear view. The actuarial approach provides a simplified solution to...

We refer to the Technical Specifications provided by EIOPA to implement the package of long-term guarantees measures which shall be included into the Solvency II Framework Directive. One of these regulatory measures concerns the Application Ratio, a coefficient defining what portion of the...