New solvency regulation : what CEOs of insurance companies think

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<title>New solvency regulation</title>
<subTitle>: what CEOs of insurance companies think</subTitle>
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<namePart>Kreutzer, Markus</namePart>
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<abstract displayLabel="Summary">Current reforms of solvency regulation in Europe include the Swiss Solvency Test, already in force in Switzerland since 2011, and the planned move by the European Union from the Solvency I to the Solvency II framework over the coming years. These changes bring with them more stringent requirements in many areas and thus have a broad impact on the European insurance industry. The scope of this paper is to analyse, on the basis of an industry survey, the perceived magnitude of the impact, the effects and the uncertainty accompanying these reforms. The study highlights significant differences in perception by country, size of business and dominant business line. Furthermore, selected perceived effects of new solvency regulation are shown to have a significant impact on the (planned) sites and scope of business model adaptation.</abstract>
<note type="statement of responsibility">Markus Kreutzer, Joël Wagner</note>
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<topic>Solvencia</topic>
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<topic>Empresas de seguros</topic>
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<topic>Directivos de empresas</topic>
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<topic>Dirección de empresas</topic>
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<topic>Solvencia II</topic>
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<topic>Estrategia empresarial</topic>
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<topic>Administración de la empresa de seguros</topic>
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<geographic>Europa</geographic>
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<title>Geneva papers on risk and insurance : issues and practice</title>
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<publisher>Geneva : The Geneva Association, 1976-</publisher>
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<identifier type="issn">1018-5895</identifier>
<identifier type="local">MAP20077100215</identifier>
<part>
<text>01/04/2013 Volumen 38 Número 2  - abril 2013 , p. 213-249</text>
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