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- Title
The prudential regulation of insurers under Solvency II.
- Authors
Swain, Robin; Swallow, David
- Abstract
The article discusses Solvency II regulation on Europe's insurance companies which will be implemented from January1, 2016. It mentions that the main aim of Solvency II will enhance the protection of the insurance policy holders of Europe. It also mentions the main features of Solvency II which are effective risk management, introduction of capital requirement to deal with financial shocks, and group supervision of the companies. It mentions Solvency II will enhance transparency.
- Subjects
EUROPEAN Union countries; EUROPE; INSURANCE law; RISK management in business; CAPITAL requirements; INSURANCE companies; ORGANIZATIONAL transparency
- Publication
Bank of England Quarterly Bulletin, 2015, Vol 55, Issue 2, p139
- ISSN
0005-5166
- Publication type
Article