Statements (62)
Predicate | Object |
---|---|
gptkbp:instance_of |
gptkb:regulations
|
gptkbp:addresses |
liquidity risk
|
gptkbp:affects |
capital requirements
|
gptkbp:aims_to |
ensure financial stability
|
gptkbp:allows |
internal models
|
gptkbp:applies_to |
insurance companies
|
gptkbp:encourages |
risk management practices
|
gptkbp:focuses_on |
policyholder protection
|
https://www.w3.org/2000/01/rdf-schema#label |
Solvency II
|
gptkbp:includes |
three pillars
standard formula |
gptkbp:introduced |
gptkb:European_Union
|
gptkbp:is_adopted_by |
pension funds
non-EU countries reinsurers |
gptkbp:is_based_on |
gptkb:economic_analysis
|
gptkbp:is_challenged_by |
market volatility
regulatory compliance costs |
gptkbp:is_considered |
a global standard
a benchmark for solvency regulation |
gptkbp:is_criticized_for |
complexity
implementation challenges burden on small insurers |
gptkbp:is_designed_to |
enhance consumer confidence
improve transparency |
gptkbp:is_effective_against |
January 1, 2016
|
gptkbp:is_evaluated_by |
annual reports
stress testing peer reviews supervisory review process quantitative impact studies |
gptkbp:is_implemented_in |
gptkb:EU_member_states
national legislation |
gptkbp:is_influenced_by |
international standards
financial crises |
gptkbp:is_integrated_with |
other financial regulations
|
gptkbp:is_linked_to |
risk assessment frameworks
insurance market stability financial stability initiatives |
gptkbp:is_monitored_by |
gptkb:EIOPA
|
gptkbp:is_part_of |
European regulatory framework
|
gptkbp:is_promoted_by |
insurance associations
|
gptkbp:is_regulated_by |
gptkb:European_Insurance_and_Occupational_Pensions_Authority_(EIOPA)
|
gptkbp:is_related_to |
gptkb:Basel_III
|
gptkbp:is_reviewed_by |
national regulators
|
gptkbp:is_subject_to |
periodic reviews
|
gptkbp:is_supported_by |
insurance industry stakeholders
actuarial science data reporting standards regulatory technology (Reg Tech) |
gptkbp:mandates |
Own Risk and Solvency Assessment (ORSA)
|
gptkbp:pillar1 |
Quantitative requirements
|
gptkbp:pillar2 |
Governance and supervision
|
gptkbp:pillar3 |
Disclosure requirements
|
gptkbp:promotes |
market discipline
|
gptkbp:replaces |
gptkb:Solvency_I
|
gptkbp:requires |
risk-based capital requirements
|
gptkbp:requires_insurers_to |
hold sufficient capital
report solvency ratios |
gptkbp:bfsParent |
gptkb:European_Insurance_and_Occupational_Pensions_Authority
gptkb:Börse_Düsseldorf |
gptkbp:bfsLayer |
6
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