The impact of Solvency 2 on organization and It in the insurance industry
Simona Cosma, Giampaolo Gabbi, Raoul Pisani
Abstract
Simona Cosma, Giampaolo Gabbi, Raoul Pisani
Abstract
The implementation of Solvency 2 Directive, which will come into force in 2016, in the insurance industry does not seem to lead to a radical change in the innovation product process. On the contrary it will produce more relevant consequences in the internal processes of the companies, in particular Organization and It, especially for the assessment and management of financial and insurance risks
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The implementation of Solvency 2 Directive, which will come into force in 2016, in the insurance industry does not seem to lead to a radical change in the innovation product process. On the contrary it will produce more relevant consequences in the internal processes of the companies, in particular Organization and It, especially for the assessment and management of financial and insurance risks
Key concepts: Solvency, Insurance industry, Directive, Business, Risk management, Product (mathematics), Actuarial science, Process (computing)