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QIS3: meaningful progress towards the implementation of Solvency II, but ground remains to be covered
This document outlines our position on the third quantitative impact survey on the standard formula for the calculation of capital requirements for insurance companies under Solvency II.
Author(s) :
Research Associate with the EDHEC Risk and Asset Management Research Centre
PhD, Professor of Finance and Accounting, Director of the EDHEC Financial Analysis and Accounting Research Centre
Presentation :
Before reviewing the principles that underlie the standard formula, we will give a brief introduction to Solvency II. In light of this introduction, we will then review the changes that QIS3 has brought about in the design of Solvency II; we will also point out major improvements as well as changes that are inconsistent with the very principles of this body of regulations...| Type : | Position paper |
|---|---|
| Date : | le 04/06/2007 |
| Extra information : | Pour plus d'informations, nous vous prions de vous adresser à Joanne Finlay, Direction de la Recherche de l'EDHEC [ joanne.finlay@edhec.edu] Les opinions exprimées sont celles de l'auteur et n'engagent pas la responsabilité de l'EDHEC. |
| Research Cluster : | Analyse Financière et Comptabilité |
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Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the world’s top 20 business schools. Fully international and directly connected to the business world, EDHEC is a school for business, rather than a business school, where excellence in teaching and research focuses on innovation to stimulate entrepreneurship and creativity. For business from birth and dedicated to business, EDHEC makes entrepreneurs for life, able to remodel or create successful businesses wherever they work.
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