Reflecting the author's wealth of experience in this field, Handbook of Solvency for Actuaries and Risk Managers …: Theory and Practice focuses on the valuation of assets and liabilities, the calculation of capital requirement, and the … calculation of the standard formula for the European Solvency II project. The first three sections of the book examine the …

pt. A. Solvency introduction -- pt. B. Valuation, investments, and capital -- pt. C. Modeling and measuring -- pt. D …. European solvency II general ideas, valuation and investment : final advice -- pt. E. Solvency II : standard formula framework …

New risk-based solvency requirements for insurance companies across European markets have been introduced by Solvency …, will be by far more risk-sensitive than the required solvency margin provided by the current legislation. In this regard, a … but also expense volatility. To measure the effect of risk mitigation, suitable reinsurance strategies are pursued. We …

Solvency II Standard Formula provides a methodology to recognise the risk-mitigating impact of excess of loss … reinsurance treaties in premium risk modelling. We analyse the proposals of both Quantitative Impact Study 5 and Commission … appears to be a feasible and much more consistent approach to describe the effect of non-proportional reinsurance on premium …