Logo
Munich Personal RePEc Archive

Challenges to Solvency II Reform in Insurance Industry

Ramosaj, Berim (2010): Challenges to Solvency II Reform in Insurance Industry.

[thumbnail of MPRA_paper_26739.pdf]
Preview
PDF
MPRA_paper_26739.pdf

Download (51kB) | Preview

Abstract

Insurance Industry is going through a very important stage of its transformation - the transition from the classical system of management into a risk-based management. These changes were launched in Europe by international organizations which deal with the development of the necessary infrastructure for a better-managed industry and with a proper legal infrastructure through different European directives in insurance area.

These changes have intensity in the finalization of the general technical, legal and structural infrastructure, which would be developed based on three pillars. The consequences of the current financial crisis as well as its impact towards the implementation of Insolvency II have not been analyzed yet. Its implementation, perhaps, would be an adequate response in facing this crisis.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.