The Principle of Proportionality, Solvency II and Captives

Language: English

Published by Springer Mär 2026, 2026

3031822692 / 9783031822698

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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermanyBuchWeltWeit Ludwig Meier e.K.

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This item is printed on demand - it takes 3-4 days longer - Neuware -This book offers an in-depth analysis of the principle of proportionality in the EU insurance regulatory regime. It takes a critical look at how proportionality has been implemented in Solvency II and tests its effectiveness on captive (re)insurance undertakings. Given their unique business model, captives are considered the primary beneficiary of proportionality and therefore offer the perfect 'litmus test' for the principle's effectiveness.In a world characterized by overregulation and increasingly complex financial markets, governments and policymakers face the challenge of regulating markets without hindering their growth. As 'one-size-fits-all' approaches have long-since been recognized as detrimental, the EU is seeking to develop a regulatory technique which allows more individual regulatory treatment while ensuring a level playing field.The first revolutionary step towards this goal was taken in Solvency II (Directive 2009/138/EC), which introduced a principle of proportionality to the EU insurance market. The principle is a unique tool which makes it possible to adjust the requirements of the Solvency II framework to the nature, scale, and complexity of each individual insurance undertaking's risk profile. It is intended to help remove an unnecessary regulatory burden for insurance undertakings, and to prevent the proliferation of regulations in general. However, the practical implementation of proportionality is not without its share of obstacles. The principle's generic nature and the lack of guidance have caused a great deal of confusion regarding its practical application and prevented insurance undertakings from using its benefits to the fullest. Consequently, the principle of proportionality has been subject to revision within the first Solvency II review process.The book will benefit captive owners, captive managers, regulators, supervisors, practitioners, academics, students and, more generally, all those involved with or interested in the insurance market. 260 pp. Englisch.

Seller Inventory # 9783031822698

Title
The Principle of Proportionality, Solvency II and Captives
Author
Marta Ostrowska
Publisher
Springer Mär 2026
Publication year
2026
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3031822692
ISBN 13
9783031822698
Item weight
400 grams
Dimensions
235x155x15 mm

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Germany

5-star seller

AbeBooks seller since January 11, 2012

Shipping rates from Germany to U.S.A.

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BuchWeltWeit Ludwig Meier e.K.

Germany