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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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Our breakdown of Benoit Blanc's latest case.
C-ROSS, short for China Risk-Oriented Solvency System, is a regulatory framework created by the China Insurance Regulatory Commission (CIRC) that governs the insurance industry in China. It was implemented in 2016.
The Ending of Glass Onion: A Knives Out Mystery, Explained. Emily Burack. December 24, 2022 at 11:00 AM. Glass Onion Ending Explained John Wilson/Netflix.
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The company's products include fixed-blade knives, folding knives, swords, machetes, tomahawks, kukris, blowguns, walking sticks, Tantōs [3] and other martial arts items and training equipment. The knives are used by military and law-enforcement personnel worldwide. [4] [5] Cold Steel is credited with popularizing the American tantō in 1980.