Naslov
New European Solvency Regulation for Insurers and Innovative Risk Managament Tools

Autori
Ćurak, Marijana

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Management, Economics and Business Development in the New European Conditions / - Brno, 2007

Skup
V. International Scientific Conference Management, Economics and Business Development in the New European Conditions

Mjesto i datum
Brno, Češka Republika, 25.05.2007. - 26.05.2007

Vrsta sudjelovanja
Plenarno

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Solvency II; insurance companies; insurance securitization

Sažetak
The new solvency regulation for insurers in the EU, known as Solvency II, that is planned to be implemented by 2010 will be characterized by an integrated risk approach taking into account all risks an insurer is facing. Solvency II rules rely on the development of a better understanding and managing of risk. It is expected that the Solvency II will promote the use of innovative risk management tools. Therefore, there is a need for better understanding of alternative risk transfer methods, one of which is insurance securitization, especially for the new EU members. In this paper the author provides an overview of the insurance securitization process, its benefits and risks. Particular attention is paid to the factors that are prerequisites of insurance securitization future development.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA