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European legislation for the prudential regulation of insurance and reinsurance sector has existed since the 1970s …, gradually materialized in Directive 92/49/EEC and Directive 2002/83/EC, both known as Solvency I. Due to economic and political … development the regime become insufficient and therefore in 2009 was adopted the Directive 2009/138/EC known as Solvency II, which …
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insurers to keep their solvency at the necessary level. Insurance companies in the European Union work on the implementation of … implementation of the Solvency II Directive into the business activities of insurance companies in BiH. …Aimed at protection of the market and consumers, the control of solvency is very important for insurer's business …
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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 … developments and stochastic claims. The model highlights the potential threats to insurers solvency and profitability stemming from …
Persistent link: https://www.econbiz.de/10011480226
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 … developments and stochastic claims. The model highlights the potential threats to insurers solvency and profitability stemming from …
Persistent link: https://www.econbiz.de/10011473563
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 … developments and stochastic claims. The model highlights the potential threats to insurers solvency and profitability stemming from …
Persistent link: https://www.econbiz.de/10012061973