Český finanční a účetní časopis 2006(3):127-132 | DOI: 10.18267/j.cfuc.184

Solvency I and Solvency II in Insurance Business

Jiřina Bokšová
Ing. Jiřina Bokšová, Ph.D. - odborná asistentka; Katedra finančního účetnictví Fakulta financí a účetnictví Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3; <boksova@vse.cz>.

The foundations for Solvency II have already been laid. It will have a three-pillar structure; conceptually comparable to Basel II, though much of the practical detail and emphasis may be quite different. The three pillars will include financial resources, supervisory review and market discipline. Among the concepts that will be new to insurance business is target capital.

Keywords: Solvency I; Solvency II; Three Pillars Structure of Solvency II; Target to Capital; Underwriting Risk; Credit Risk; Market Risk; Operational Risk.
JEL classification: M41

Published: October 1, 2006  Show citation

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Bokšová, J. (2006). Solvency I and Solvency II in Insurance Business. Czech Financial and Accounting Journal2006(3), 127-132. doi: 10.18267/j.cfuc.184
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References

  1. ČAP (2006): Česká asociace pojišťoven.Praha, [on-line], Praha, ČAP, c2006, [cit. 10. 10. 2006], <www.cap.cz>.
  2. Meluchová, J. (2004): Poisťovníctvo a účtovníctvo poisťovní, Bratislava, Iura edition, 2004.

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