Abstract
Since January 2016, Solvency II has been integrated as the regulatory framework for the insurance industry with the objective of harmonising European Union (EU) insurance regulation. This framework has fundamentally reformed EU insurance supervisory law and bears little resemblance to its predecessor, Solvency I. In addition, the Solvency II regulations particularly value the functionality of companies’ governance and risk management systems in order to guarantee an effective and efficient control of the companies’ risks.
Original language | English |
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Pages (from-to) | 1-21 |
Number of pages | 21 |
Journal | Contributions to Management Science |
DOIs | |
Publication status | Published - 2018 |
Externally published | Yes |