Gómez, Fabiana; Ponce, Jorge - In: Risks : open access journal 6 (2018) 3, pp. 1-12
This paper provides a rationale for the macro-prudential regulation of insurance companies, where capital requirements … optimal regulation may be implemented by capital regulation (similar to that observed in practice, e.g., Solvency II ) and by … risk: prudential regulation should also add a systemic component to capital requirements that is non-decreasing in the firm …
