Reform of insurance sector regulation

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Title: Reform of insurance sector regulation
Author: Pylkkönen, Pertti ; Savolainen, Eero
Organization: Bank of Finland
Series: Bank of Finland. Bulletin
Series volume: 90
Series number: 2/2016
Year of publication: 2016
Publication date: 7.6.2016
Pages: 101-105
Subject (yso): vakuutus; sääntely; vakuutuslaitokset; uudistukset
Keywords: järjestelmäriskit
Other keywords: insurance; Solvency II; systemic risks
Abstract: At the beginning of 2016, a new life and non-life insurance company solvency regulation was launched in EU, the so-called Solvency II regime. In the new regulation, both assets and liabilities of insurance companies are valued at market terms. The timing of the reform is awkward for the companies, as low interest rates and economic uncertainty burden company solvency.
Link: http://www.bofbulletin.fi/
Rights: https://helda.helsinki.fi/bof/copyright


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