The valuation of insurance liabilities has traditionally been dealt with by actuaries, who closely monitored underlying illiquid features, assumed a long-term perspective, and exercised their own subjective, expert judgment. However, the new EU regulatory regime of Solvency II (S2) has come to...

The valuation of insurance liabilities has traditionally been dealt with by actuaries, who closely monitored underlying illiquid features, assumed a long-term perspective, and exercised their own subjective, expert judgment. However, the new EU regulatory regime of Solvency II (S2) has come to...

Como hace años, en la época gloriosa en la que se alucina que la rabia es virtud, enunciaré proposiciones de combate y asumiré los riesgos que acarrean las “trincheras” . Así, afirmaré que habiendo aprendido de los consejos nada democráticos de muchos evaluadores , respecto a la...