Operational Losses for the Capital Charge of Health Insurers: Lessons from Spain
AbstractThe new legislation in the insurance sector within the European Union, Solvency II, which represents an important milestone for the management and financial analysis of operational risk, will have a positive impact on their knowledge and control. This research explores the statistical analysis of the operational risks of health insurance companies in Spain from an external database of insured losses, which is a qualitative relevant aspect that will help to understand its behaviour for the future combination of data and the later selection of models and subsequent quantification of solvency capital. Results show that the database is consistent with the overall performance of operational risks, which ultimately will facilitate the acceptance and control of operational risks within insurers.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Palgrave Macmillan in its journal The Geneva Papers on Risk and Insurance Issues and Practice.
Volume (Year): 37 (2012)
Issue (Month): 4 (October)
Contact details of provider:
Web page: http://www.palgrave-journals.com/
Postal: Palgrave Macmillan Journals, Subscription Department, Houndmills, Basingstoke, Hampshire RG21 6XS, UK
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Elizabeth Gale).
If references are entirely missing, you can add them using this form.