Berdin, Elia; Pancaro, Cosimo; Kok Sørensen, Christoffer - 2016
In this paper, we develop an analytical framework for conducting forward-looking assessments of profitability and … solvency of the main euro area insurance sectors. We model the balance sheet of an insurance company encompassing both life and … non-life business and we calibrate it using country level data to make it representative of the major euro area insurance …