publication . Article . 2017

financial management of insurance companies in the context of the new regime solvency ii

Istrate Costin; Badea Dumitru;
Open Access
  • Published: 01 Jul 2017 Journal: Proceedings of the International Conference on Business Excellence, volume 11, pages 625-636 (eissn: 2558-9652, Copyright policy)
  • Publisher: Walter de Gruyter GmbH
Abstract
<jats:title>Abstract</jats:title> <jats:p>The new solvency regime Solvency II represents a solid and harmonized prudential framework applicable by insurance companies in the European area. Solvency II was implemented in the European Union by adopting Directives 2009/138/EC respectively 2014/51/EU, replacing existing directives regulating solvency former regime, known as Solvency I. Thus, the new European legislation in insurance, applicable from 1 January 2016, was aimed at unifying the main European insurance market and ensuring consumer protection. The responsible authority at EU level with the implementation of the new solvency regime is EIOPA - European Insu...
Subjects
free text keywords: Insurance policy, Financial regulation, Finance, business.industry, business, Auto insurance risk selection, Bond insurance, General insurance, Risk pool, Solvency, Solvency ratio, Solvency II, financial management, insurance companies, IFRS, HF5001-6182
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publication . Article . 2017

financial management of insurance companies in the context of the new regime solvency ii

Istrate Costin; Badea Dumitru;