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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 .
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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.
A number of economists, including David R. Henderson of the Hoover Institution and Bruce Sherrick of the University of Illinois, warn that the measure would trigger capital flight and a brain ...
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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 ...
A post shared on X claims Vice President Kamala Harris’ campaign has said it can overturn President-elect Donald Trump’s election victory with a recount. Verdict: False There is no evidence ...
The film stars Nicolas Cage in the lead role, Jon Voight, Harvey Keitel, Ed Harris, Diane Kruger, Justin Bartha, Bruce Greenwood and Helen Mirren. The film premiered in New York City on December 13, 2007, and Walt Disney Studios Motion Pictures released it in North America on December 21, 2007.