Solvency II in the Insurance Industry: Application of a Non-Life Data Model

Description

This book illustrates the EU-wide Solvency II framework for the insurance industry, which was implemented on January 1, 2016, after a long project phase. Analogous to the system for banks, it is based on three pillars and the authors analyze the complete framework pillar by pillar with a consistent data model for a non-life insurer, which was developed by the Research Group Financial & Actuarial Risk Management (FaRis) at the Institute for Insurance Studies of the TH Köln - University of Applied Sciences. The book leverages the long-standing and close cooperation between the University of Limerick (Ireland) and the Institute for Insurance Studies at TH Köln - University of Applied Sciences (Germany). Front Matter ....Pages i-xxii Introduction (Maria Heep-Altiner, Martin Mullins, Torsten Rohlfs, Svenja Hintzen, Simon Muders, Barry Sheehan et al.)....Pages 1-21 Application of the Data Model: Pillar One (Maria Heep-Altiner, Martin Mullins, Torsten Rohlfs, Fabian Clasen, Gabriel Gallinger, Martin Gerlach et al.)....Pages 23-84 Application of the Data Model: Pillar Two (Maria Heep-Altiner, Martin Mullins, Torsten Rohlfs, Anna Baklanov, Lars Dirking, Lex Hamélius et al.)....Pages 85-139 Application of the Data Model: Pillar Three (Maria Heep-Altiner, Martin Mullins, Torsten Rohlfs, Marius Eberle, Manuel Falk, Vanessa Haeusler et al.)....Pages 141-199 Back Matter ....Pages 201-219