SOLVENCY II - RISK ASSESSMENT AND ACCOUNTING
SOLVENCY II - RISK ASSESSMENT AND ACCOUNTING

Author(s): Nadya Velinova-Sokolova
Subject(s): Economy, National Economy
Published by: Бургаски свободен университет
Keywords: Solvency II; Risk; Insurance company; Accounting in Insurance Companies
Summary/Abstract: Solvency II is a new risk-based framework for setting the capital requirements of European insurance companies, in force since January 2016. The solvency capita lrequirement (SCR) is set such that the insurer can meet its obligations over the next 12 months with a probability of at least 99.5 %.

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