04171nam 2200661 450 991083046530332120230725025735.00-470-92570-11-119-20071-71-282-82267-597866128226740-470-92568-X(CKB)2670000000061011(EBL)624395(OCoLC)697259149(SSID)ssj0000436302(PQKBManifestationID)12192463(PQKBTitleCode)TC0000436302(PQKBWorkID)10427972(PQKB)10572706(MiAaPQ)EBC624395(EXLCZ)99267000000006101120160815h20112011 uy 0engur|n|---|||||txtccrExecutive's guide to solvency II /David Buckham, Jason Wahl, Stuart RoseHoboken, New Jersey :Wiley,2011.©20111 online resource (206 p.)Wiley and SAS Business SeriesDescription based upon print version of record.0-470-54572-0 Includes bibliographical references and index.Contents; Preface; Chapter 1: The Evolution of Insurance; ORIGINS OF RISK; EARLY RISK INSTRUMENTS; ROLE OF INSURANCE IN ECONOMIC GROWTH AND PROSPERITY; CONCLUSION; Chapter 2: Insurers' Risks; INSURABLE AND UNINSURABLE EVENTS; RISK TAXONOMY; UNDERWRITING RISK; MARKET RISK; CREDIT RISK; OPERATIONAL RISK; LIQUIDITY RISK; RISK TRANSFER AND MITIGATION; CONCLUSION; Chapter 3: Solvency II Chronology; NEED FOR INSURANCE REGULATIONS; WHY DO INSURERS FAIL?; CAUSES OF FAILURE; INITIAL SOLVENCY DIRECTIVES; PROCESS OF THE SOLVENCY II PROJECT; CONCLUSION; Chapter 4: Learning from the Basel ApproachREGULATION IN THE CONTEXT OF THE CREDIT CRISISEVOLUTION OF BANKING REGULATION; APPLICATION TO SOLVENCY II : REGULATION; APPLICATION TO SOLVENCY II : BUSINESS LOGIC; LESSONS FROM THE CREDIT CRISIS; CONCLUSION; Chapter 5: The Solvency II Directive in Brief; WHAT IS SOLVENCY II ?; SOLVENCY II IS PRINCIPLES-BASED; PARTIAL AND INTERNAL MODELS; ECONOMIC CAPITAL; THE ECONOMIC BALANCE SHEET; STRUCTURE OF THE DIRECTIVE; CONCLUSION; Chapter 6: The Economic Balance Sheet; TOTAL BALANCE SHEET APPROACH; QUANTITATIVE STIPULATIONS OF THE LEVEL 1 TEXT; THE STANDARD FORMULA; NON-LIFE UNDERWRITING RISK MODULEMARKET RISK MODULEDEFAULT RISK MODULE; CONCLUSION; Chapter 7: Internal Models; COMPLEXITY OF IMPLEMENTATION; DEFINITION AND SCOPE OF INTERNAL MODELS; INTERNAL MODELS APPLICATION; TESTS AND STANDARDS; CONCLUSION; Chapter 8: People, Process, and Technology; KEY TO A SUCCESSFUL SOLVENCY II PROJECT; PEOPLE; PROCESS; TECHNOLOGY; CONCLUSION; Chapter 9: Business Benefits; REGULATION PAST AND PRESENT; BENEFITS OF AN ENTERPRISE DATA MANAGEMENT FRAMEWORK; BENEFITS OF AN ECONOMIC BALANCE SHEET; BENEFITS IN PERSPECTIVE; BENEFITS BEYOND SOLVENCY II; CONCLUSION; Notes; Glossary; Selected ReferencesAbout the AuthorsIndexA straightforward guide to the evolution, benefits, and implementation of Solvency II Providing a guide to the evolution, practice, benefits, and implementation of Solvency II, Executive's Guide to Solvency II deftly covers this major European regulation which ensures that insurers can meet their risk-based liabilities over a one-year period to a 99.5% certainty. Part of the Wiley and SAS Business series, this book will guide you through Solvency II, especially if you need to understand the subtleties of Solvency II and risk-based capital in basic business language. Among the tWiley and SAS business series.Risk (Insurance)Risk assessmentRisk (Insurance)Risk assessment.368368.94Buckham David1663534Wahl JasonRose StuartMiAaPQMiAaPQMiAaPQBOOK9910830465303321Executive's guide to solvency II4020895UNINA