1.

Record Nr.

UNINA9910255047403321

Titolo

Insurance Regulation in the European Union : Solvency II and Beyond / / edited by Pierpaolo Marano, Michele Siri

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2017

ISBN

3-319-61216-6

Edizione

[1st ed. 2017.]

Descrizione fisica

1 online resource (XIII, 405 p. 16 illus., 14 illus. in color.)

Disciplina

332

Soggetti

Insurance

Law—Europe

Public finance

European Law

Financial Law/Fiscal Law

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Chapter 1: Introduction -- Chapter 2: Sources and Tools of the Insurance Regulation in the European Union -- Chapter 3: Changing Insurance Contract Law: an Age-Old, Slow and Unfinished Story -- Chapter 4: The Insurance Distribution Directive: What does it change for intermediaries? And for others? -- Chapter 5: The Potential Effects of Brexit on Insurance Regulation in the UK -- Chapter 6: Solvency II in the UK: Evolution Rather than Revolution -- Chapter 7: Corporate Governance of Insurance Firms After Solvency II -- Chapter 8: The Impact of Solvency II and Relevant Implementing Measures on the Insurance Firm’s Risk Management Maturity -- Chapter 9: Insurance Group Supervision in the European Union -- Chapter 10: Actuarial Improvements of Standard Formula for Non-Life Underwriting Risk -- Chapter 11: Risk Factors Contributions and Capital Allocation in Life Insurance in the Solvency II Framework -- Chapter 12: Solvency II: the Supervisory Reporting and Market Disclosure -- Chapter 13: How the New Accounting Standards Cross Solvency II -- Chapter 14: Solvency II: Reasonable Expectations -- Chapter 15: Why Insurance Regulation is Crucial for Long-term Investment and Economic Growth -- Chapter 16: Life Insurance and Bancassurance after Solvency II: A Market and



Management Perspective -- Chapter 17: Embracing Change – the regulatory evolution of Captive Insurance Companies.    .

Sommario/riassunto

This book explores the profound transformation that has taken place in European insurance legislation since January 2016. Expert contributions discuss the changes that have taken place in the supervision of insurance and reinsurance undertakings through an economic risk-based approach. They outline the European insurance market before going on to show how Solvency II and Insurance Distribution Directive (IDD) are expected to generate significant benefits and have a positive impact on all parties involved in the insurance industry, the supervisory authorities and the insured. They also show how Solvency II is likely to benefit the economy as a whole, promoting more efficient allocation of capital and risk in a financial stability framework. This volume will be of interest to academics and researchers in the field of insurance regulation.