The Solvency II Handbook (BOK)

1 489,00 1 48900
Sendes vanligvis innen 5-15 dager
The Solvency II framework directive was approved in 2009 2Q by the European Parliament, and the insurance industry must now move quickly with their preparations to be compliant with this framework. As Solvency II allows insurers to use internally developed models for measuring risks for the first time, this is quite a challenge for these companies. Solvency II follows Basel II's similar three-pillar structure, which will regulate risk measurement requirements, supervisor review and market discipline and disclosure. The demands for Solvency II are quite extensive and will change the insurance industry worldwide with better risk assessment and mitigation and much higher financial and risk disclosure details. The Solvency II Handbook provides an introduction and deeper look into the Solvency II framework, exploring in detail the current practices within the insurance industry and the impact of Solvency II; looking at what the issues and challenges of building an internal model are, risk management implementation as it is and, crucially, the regulatory perspective on calculating solvency capital requirements. The book then moves onto explore in greater depth how to measure and manage financial risk, insurance risk, operational risk as well as providing key chapters on economic capital and hedging. The relevant regulatory bodies will be looking to govern and approve company's internal models. This must-read book is essential to all insurers and reinsurers who are currently in the process of choosing between using the standard formula or, in particular, developing their own internal risk management framework. For practitioners and regulators, this is a one-stop reference tool that contains vital thinking on internal modelling ideas and how to prepare for Solvency II compliance.


Språk Engelsk Engelsk Innbinding Heftet
Utgitt 2009 Forlag
Risk Books
ISBN 9781906348199 Dimensjoner 15,5cm x 23,5cm x 2,2cm
Vekt 381 gram Leverandør Bertram Trading Ltd
Andre medvirkende Marcelo G. Cruz Emner og form Insurance & actuarial studies