Solvency II for property-casualty insurers (II)
نویسندگان
چکیده
be geared to modern requirements. Unlike the present solvency regime, Solvency II is designed to reflect a prospective and risk-oriented economic view. It will be based on a total balance sheet approach and harmonised with accounting rules and regulations. Assets and liabilities will consistently be recognised at market values. In principle, IFRS provisions can be used as a basis for valuing the assets. If market values are unavailable, the balance sheet items must be revalued. Figure 1 shows the components of an economic balance sheet. Solvency II for property-casualty insurers (II) Total balance sheet approach and impact on the insurance industry Solvency Consulting Knowledge Series
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تاریخ انتشار 2009