As testified by the De Larosiere report in 2009, Solvency
II will be the appropriate solution for the insurance industry to help prevent extreme financial crises (http://ec.europa.eu).
The third main section extends the application and discussion of the theoretical concepts developed in the previous section from stand-alone company solvency
assessment to groups, financial conglomerates, and reinsurance, as well as to internal models, forecasts, risk management, and stress-testing procedures.
While 30% of insurance executives surveyed think of Solvency
II as just another regulatory nuisance, 61% believe it would improve their company's ability to manage risks and encourage an improved understanding of risk throughout their organization.
The China Insurance Regulatory Commission is seeking public comments on a new solvency
regulation update draft.
chairman of the House Energy and Commerce Committee, "is not wedded to every jot and tittle" in his solvency
(a) that company was solvent by the end of year 2011, and adherence of minimum solvency
requirement at all times before notice; (b) that the Management of the company had adopted and undertook that the minimum solvency
requirement as laid down by the laws should be fulfilled; and should take care to adherence of the applicable laws, rules in that regard in future; (c) that the company also took remedial measurement to come up to meet the shortfall by injecting new-equity; and disposing of its properties and investments in associated (companies) to bring the company's solvency
position as required by law, [pp.
II: Federal Insurance Office Director Michael McRaith rejected any application of European Union Solvency
II standards on U.S.
ADMIRAL reported a 4% increase in pre-tax profits for the first half of 2016 and raised its dividend by 23%, but spooked investors with a warning that market volatility after Brexit had squeezed its solvency
Timetric's "Insight Report: Solvency
II - Beyond Implementation" conducts a detailed analysis about the current state of Solvency
Three of the 23 Consumer Operated and Oriented Plan (CO-OP)insurers have maxed out their Patient Protection and Affordable Care Act (PPACA) solvency
BANKING AND CREDIT NEWS-March 23, 2015-Rules on Solvency
II published by PRA
Liquidity ratios analyze the company's capacity to pay off its short-term debt obligations, whereas solvency
ratios examine the company's ability to meet its long-term liabilities.