The Analysis of the Influences Coming from Different Solvency Systems on the Construction of the European Solvency System “Solvency II”
Casian Butaci
Abstract
Casian Butaci
Abstract
In the literature can be found different analysis or comparisons among systems of insurance solvency, and here can be mentioned [1], [2], [3], [4], [5], but in everyone of these works the analysis or the comparison is centred on similarities and differences among certain systems of solvency, without being included Solvency II among them, the latter not existing at that time, or because it was still under construction. This analysis evolves around Solvency II and it is trying, in addition, to identify in the construction of Solvency II the influences coming from the major solvency systems applied in different countries of the world.
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In the literature can be found different analysis or comparisons among systems of insurance solvency, and here can be mentioned [1], [2], [3], [4], [5], but in everyone of these works the analysis or the comparison is centred on similarities and differences among certain systems of solvency, without being included Solvency II among them, the latter not existing at that time, or because it was still under construction. This analysis evolves around Solvency II and it is trying, in addition, to identify in the construction of Solvency II the influences coming from the major solvency systems applied in different countries of the world.
Key concepts: Solvency, Solvency ratio, Actuarial science, Business, Finance, Market liquidity