Pursuant to art. 45 of the Solvency II Framework Directive, all insurance undertakings will be obliged to conduct an … "Own Risk and Solvency Assessment" (ORSA). ORSA's relevance is not limited only to the second pillar of Solvency II, where … quantitative requirements and may also serve as a trigger for transparency duties which form Solvency II's third pillar. ORSA may …

Solvency II. However, there is evidence that the standard formula inaccurately reflects insurers’ risk situation and may … provide misleading steering incentives. In the second pillar, Solvency II requires insurers to perform a so-called “Own Risk … and Solvency Assessment” (ORSA). In their ORSA, insurers must establish their own risk measurement approaches, including …

fixed proportion. It serves as a classical framework of a quota-share reinsurance contract for a given business line. Such a …

durch die Richtlinie Solvency II verpflichtet sind, genügend Risikokapital zu hinterlegen, um die Gefahr der Insolvenz … Finanzmathematik, Praktikerinnen und Praktiker in den Bereichen Lebensversicherungen, Risikomanagement und Aktuariat. …

In the framework of collective risk theory models, the dynamic solvency insurance contract is studied. Whenever the … net single premium of solvency insurance by considering two different definitions of ruin, referring to models modified by …