Solvency II

GPTKB entity

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