Solvency II standard formula : consideration of non-life reinsurance
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<titleInfo>
<title>Solvency II standard formula</title>
<subTitle> : consideration of non-life reinsurance</subTitle>
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<name type="corporate" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080436261">
<namePart>Swiss Re</namePart>
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<issuance>monographic</issuance>
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<publisher>Swiss Re</publisher>
<dateIssued>2009</dateIssued>
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<abstract displayLabel="Summary">The Solvency II framework is based on an economic assessment of insurers' risk and capital. This will oblige insurers to apply economic principles when calculating their required and avaiable regulatory capital. An economic principle-based approach means using market-consistent values for the assessment of the asset and liability side of an insurer's balance sheet. Based on their individual situation, each (re)insurance company must answer the question of whether to use the Solvency II Standard Formula or, alternatively, a partial internal model or a full internal model for this calculation. It is anticipated that some companies will rely on the stantard formula once the Solvency II framework is implemented. While the standard formula has many strenghts, there are also several issues that require improvement</abstract>
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<topic>Solvencia II</topic>
</subject>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080605957">
<topic>Empresas de reaseguros</topic>
</subject>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080573935">
<topic>Seguros no vida</topic>
</subject>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080584351">
<topic>Control de seguros</topic>
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<classification authority="">22</classification>
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<title>Focus report</title>
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<recordCreationDate encoding="marc">090603</recordCreationDate>
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