Solvency: Models, Assessment and Regulation

Chapman and Hall/CRC
SKU:
9780367392147
|
ISBN13:
9780367392147
$90.74
(No reviews yet)
Condition:
New
Usually Ships in 24hrs
Current Stock:
Estimated Delivery by: | Fastest delivery by:
Adding to cart… The item has been added
Buy ebook
Until now there were no published analyses of the recent solvency work conducted in Europe, specifically the risk categories proposed by the International Actuarial Association (IAA). Answering the insurance industry's demand in the wake of the EU Solvency II project, Solvency: Models, Assessment and Regulation provides a concrete summary and review of solvency and inspires additional work in the field. Following an introduction to the concept, the first section of the book provides a historical review of solvency, detailing solvency regulation and accounting within the EU. A review of the steps leading to Solvency II looks at accounting, supervision, the actuarial field, the first phase of Solvency II, international approaches to banking, and the solvency systems of 12 major nations. The second section explores the current basis for solvency modeling, focusing on the valuation of assets and liabilities, dependency and various conservative approaches, as well as a baseline and benchmark approach. This section also provides examples of risk structure and the effects of diversification. The final section discusses groups and internal modeling as it relates to EU Solvency II. It addresses insurance groups, financial conglomerates, reinsurance, the importance of internal modeling and stress testing, and the current state of the second phase of EU Solvency II.
  • | Author: Arne Sandstrom
  • | Publisher: Chapman And Hall/Crc
  • | Publication Date: Sep 23, 2019
  • | Number of Pages: 448 pages
  • | Language: English
  • | Binding: Paperback
  • | ISBN-10: 0367392143
  • | ISBN-13: 9780367392147
Author:
Arne Sandstrom
Publisher:
Chapman And Hall/Crc
Publication Date:
Sep 23, 2019
Number of pages:
448 pages
Language:
English
Binding:
Paperback
ISBN-10:
0367392143
ISBN-13:
9780367392147