Search results
Results From The WOW.Com Content Network
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.
The Swiss Solvency Test (SST) is a risk based capital standard for insurance companies in Switzerland, in use since 2006. The SST was developed by the Swiss Federal Office of Private Insurance (FOPI) in cooperation with the Swiss insurance industry.
However, as Spanberger pointed out, the future solvency of the retirement benefits program is a separate issue to address, and public workers shouldn’t have to bear the brunt of the burden by ...
The stars could be aligning — two key senators hope at least — when it comes to figuring out the finances for Social Security and Medicare.
move to sidebar hide. From Wikipedia, the free encyclopedia
David T. Johnson. David Timothy Johnson (born 1954) [1] is a member of the International Narcotics Control Board and retired United States diplomat and the former Assistant Secretary of State for International Narcotics and Law Enforcement Affairs.
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 ]