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Solvency II Directive 2009 (2009/138/EC) is a Directive in European Union law that codifies and harmonises the EU insurance regulation. Primarily this concerns the amount of capital that EU insurance companies must hold to reduce the risk of insolvency .
At the heart of the prudential Solvency II directive, the own risk and solvency assessment (ORSA) is defined as a set of processes constituting a tool for decision-making and strategic analysis. It aims to assess, in a continuous and prospective way, the overall solvency needs related to the specific risk profile of the insurance company.
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Around 2.5 million retirees could get some good news this holiday season: Their Social Security benefit checks may be increasing. That’s because the U.S. House of Representatives passed a bill ...
The stars could be aligning — two key senators hope at least — when it comes to figuring out the finances for Social Security and Medicare.
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Solvency, in finance or business, is the degree to which the current assets of an individual or entity exceed the current liabilities of that individual or entity. [1] Solvency can also be described as the ability of a corporation to meet its long-term fixed expenses and to accomplish long-term expansion and growth. [ 2 ]
The film, based upon the novel A Shred of Evidence by author Jill McGown, follows unconventional police detectives Danny Lloyd (Philip Glenister) and Judy Hill (Michelle Collins), as Judy transfers into an East Anglian squad run by Lloyd, her ex-Lover, and is assigned to the case of a strangled schoolgirl. [2]