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Most insurers in the European Union determine their regulatory capital requirements based on the standard formula of Solvency II. However, there is evidence that the standard formula inaccurately reflects insurers’ risk situation and may provide misleading steering incentives. In the second...
Persistent link: https://www.econbiz.de/10014252282
regulation – as is typically done in most insurance markets – our single model will reduce the complexity and costs for insurers …
Persistent link: https://www.econbiz.de/10013101728
The financial market environment poses serious challenges for insurance companies to provide stable returns on a long …
Persistent link: https://www.econbiz.de/10013079474
This paper examines dependency among the line of business in the non-life insurance industry towards arriving at … insurance firms in India during the period 2001 to 2020. The important insight is the degree of dependency that remain stable …
Persistent link: https://www.econbiz.de/10013323432
Persistent link: https://www.econbiz.de/10013444607
This paper studies an optimal reinsurance problem of Pareto-optimality when the contract is subject to default of the reinsurer. We assume that the reinsurer can invest a share of its wealth in a risky asset and default occurs when the reinsurer's end-of-period wealth is insufficient to cover...
Persistent link: https://www.econbiz.de/10013239702
of IFRS 17. The paper is based on the results of a survey of 20 insurance supervisors. Overall, IFRS 17 is a welcome … development but there will be challenges of implementation. Not many insurance supervisors currently intend to use IFRS 17 as a …
Persistent link: https://www.econbiz.de/10013315127
Analysis -- Public Solvency Control -- The Insurer’s Own Efforts -- Life Insurance -- 2 The Management of Solvency …The problem of solvency is, in fact, as old as insurance. The history of the industry knows many ways to meet the risks …
Persistent link: https://www.econbiz.de/10013519123
With more than $50 trillion in assets worldwide, investment funds run by the insurance industry and pension system are … harmonizes insurance regulations in Europe, in order to reduce the risk of an insurer defaulting on its obligations and producing …
Persistent link: https://www.econbiz.de/10013017611
Article 42 of the Solvency-II-Directive requires all persons who effectively run the insurance company or have other … German law. Special attention is given to publications of the European insurance supervisory authorities and to the draft of … the German transposition law, the 10th amendment to the German insurance supervision act. The article identifies several …
Persistent link: https://www.econbiz.de/10013097561