The China risk-oriented solvency system : a comparative assessment with other risk-based supervisory frameworks
Contenido multimedia no disponible por derechos de autor o por acceso restringido. Contacte con la institución para más información.
Tag | 1 | 2 | Valor |
---|---|---|---|
LDR | 00000cab a2200000 4500 | ||
001 | MAP20180005077 | ||
003 | MAP | ||
005 | 20180326161129.0 | ||
008 | 180221e20180101esp|||p |0|||b|spa d | ||
040 | $aMAP$bspa$dMAP | ||
084 | $a22 | ||
245 | 1 | 4 | $aThe China risk-oriented solvency system$b: a comparative assessment with other risk-based supervisory frameworks$cDerrick W. H. Fung... [et al.] |
520 | $aThe China Risk-Oriented Solvency System (C-ROSS), the new risk-oriented regulatory framework for the Chinese insurance industry, was fully implemented at the beginning of 2016. In this paper, we identify the main features of the C-ROSS and compare its rules and standards with those of the Risk-Based Capital (RBC) system in the United States, the Solvency ll system in the European Union, and the Swiss Solvency Test (SST) in Switzerland. Using a conceptual framework proposed by Cummins et al. (J Insur Regul 11:427-447, 1994) and Holzmuller (Geneva Pap Risk Insur 34:56-77, 2009), we analyse C-ROSS according to 11 criteria and find that the system scores are substantially better than those of RBC, and more or less as good as those of the Solvency ll or SST systems. We also contrast the strengths and weaknesses of C-ROSS with those of the RBC, Solvency II and SST systems. Our analyses are of value to regulators developing risk-based supervisory frameworks, and to insurers engaging in business in any of the four geographic regions considered. | ||
650 | 4 | $0MAPA20180004162$aC-ROSS | |
650 | 4 | $0MAPA20080590567$aEmpresas de seguros | |
650 | 4 | $0MAPA20080564254$aSolvencia II | |
650 | 4 | $0MAPA20080593797$aSwiss Solvency Test | |
650 | 4 | $0MAPA20080608804$aSupervisión de seguros | |
650 | 4 | $0MAPA20080552701$aSolvencia | |
650 | 4 | $0MAPA20080584351$aControl de seguros | |
650 | 4 | $0MAPA20080601492$aEstudios comparativos | |
651 | 1 | $0MAPA20080644178$aChina | |
700 | 1 | $0MAPA20180003974$aFung, Derrick W. H. | |
773 | 0 | $wMAP20077100215$tGeneva papers on risk and insurance : issues and practice$dGeneva : The Geneva Association, 1976-$x1018-5895$g01/01/2018 Volumen 43 Número 1 - enero 2018 , p. 16-36 |