Artikel

Capital adequacy in the context of markets turmoil

Financial stability is the key objective that sustains and empowers investments and economic groth, or scatters the opportunities when lacking. As growth translates to profitability, and profitability is dependent upon solvalibility, the need for a deep knowledge of all potential risks surfaces. This scope is seeken through all the reglementations of the financial markets. Since the last major financial crisis had a less devastating impact on the insurance market and the losses suffered by the insurance companies were smaller than the losses of banks, we will focus on the risk valuation apllied by these insurance companies. The proper valuation of risks is mirrored in the Solvency Capital Requirement calculated,which under Solvency II framework,corresponds to Value-at-Risk of the basic own funds subjected to a confidence level of 99.5% over a one-year period.

Sprache
Englisch

Erschienen in
Journal: Romanian Journal of Fiscal Policy (RJFP) ; ISSN: 2069-0983 ; Volume: 4 ; Year: 2013 ; Issue: 2 ; Pages: 35-52 ; Bucharest: Editura ASE

Klassifikation
Wirtschaft
Insurance; Insurance Companies; Actuarial Studies
Financial Institutions and Services: Government Policy and Regulation
Thema
Financial stability
Insurance market
Solvency Capital Requirement
Risk measurement
Value-at-Risk

Ereignis
Geistige Schöpfung
(wer)
Vlad, Claudia Ioana
Rada, Ana-Maria
Rada, Andreea-Florentina
Ereignis
Veröffentlichung
(wer)
Editura ASE
(wo)
Bucharest
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Vlad, Claudia Ioana
  • Rada, Ana-Maria
  • Rada, Andreea-Florentina
  • Editura ASE

Entstanden

  • 2013

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