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Pursuant to art. 45 of the Solvency II Framework Directive, all insurance undertakings will be obliged to conduct an …
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insurers to keep their solvency at the necessary level. Insurance companies in the European Union work on the implementation of … better connection of capital and risk profile, increased transparency, and higher flexibility of insurance companies … analysis of the current condition of the insurance market in BiH was made. By using the primary research and applying the …
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European legislation for the prudential regulation of insurance and reinsurance sector has existed since the 1970s … represents a crucial modernization of European insurance regulation. Each of these regimes prescribes its own rules for the …
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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...
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