Assessing the progress of the implementation of the Solvency II regulation
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Year of publication | 2013 |
Type | Article in Proceedings |
Conference | European Financial Systems 2013. Proceedings of the 10th International Scientific Conference |
Citation | |
Field | Management and administrative |
Keywords | insurance industry, Solvency II, quantitative impact study |
Description | The main aim of the paper is to present the findings of the analysis of some aspects in relation with the implementation of the Solvency II, the coming regulatory regime for insurance industry of the European Union within the commercial insurance companies in the insurance market of the Czech Republic. In accordance with its design, the presented scientific paper focuses on methodological aspects in relation to the realization of the fifth quantitative impact study (QIS5) and its importance for the Czech insurance market. Furthermore, the paper deals with the evaluation of the QIS5 and possible impacts in the context of the implementation of Solvency II. The scientific paper describes partial results reached within the research project of the Faculty of Business and Economics of the Mendel University in Brno MSM 6215648904 / research 02 following the aims and methodology of the given research project. |