New Solvency Regulation: What CEOs of Insurance Companies Think

Détails

ID Serval
serval:BIB_8547B1503448
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Titre
New Solvency Regulation: What CEOs of Insurance Companies Think
Périodique
Geneva Papers on Risk and Insurance - Issues and Practice
Auteur(s)
Kreutzer M., Wagner J.
ISSN
1018-5895
Statut éditorial
Publié
Date de publication
2013
Peer-reviewed
Oui
Volume
38
Numéro
2
Pages
213-249
Langue
anglais
Résumé
Current reforms of solvency regulation in Europe include the Swiss Solvency Test, already in force in Switzerland since 2011, and the planned move by the European Union from the Solvency I to the Solvency II framework over the coming years. These changes bring with them more stringent requirements in many areas and thus have a broad impact on the European insurance industry. The scope of this paper is to analyse, on the basis of an industry survey, the perceived magnitude of the impact, the effects and the uncertainty accompanying these reforms. The study highlights significant differences in perception by country, size of business and dominant business line. Furthermore, selected perceived effects of new solvency regulation are shown to have a significant impact on the (planned) sites and scope of business model adaptation.
Mots-clé
solvency regulation, strategic adaptation, industry survey
Web of science
Open Access
Oui
Création de la notice
04/07/2014 16:25
Dernière modification de la notice
08/05/2019 21:22
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