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 … Partial Internal Model for Premium Risk is developed here for a multi-line Non-Life insurer. We follow a classical approach …

risk in a framework coherent with the Solvency II Directive. The model extends to the market consistent context classical …-participating life insurance contracts and we prove analytically that the valuation of demographic profit can be significantly affected … by the financial conditions in the market. Regarding this topic, we implement the Vašíček model to add randomness to risk …