Solvency II, the European insurance regulation based on risks

Imagem do registro
MAP20110016678
Solvency II, the European insurance regulation based on risks / Rafael Hernández Barros, María Isabel Martinez Torre-Enciso
Sumario: Solvency II, the new European legislation in the insurance sector, represents a new framework that will assist in the better understanding of the risks facing the insurance sector as a whole, in a world which is becoming ever-more complex and globalized, and with larger and interconnected risks. Based on the new regulation ackground, implications and developments, this paper analyzes the most important financial requirements, the novel monitoring process and the market transparency new requirements. The paper contains an assessment and comparison with previous monitoring system, and presents the possible evolution of the new rules in the next future