IDEAS home Printed from https://ideas.repec.org/a/boe/qbullt/0172.html
   My bibliography  Save this article

The prudential regulation of insurers under Solvency II

Author

Listed:
  • Swain, Robin

    (Bank of England)

  • Swallow, David

    (Bank of England)

Abstract

Solvency II is a new regime for the prudential regulation of European insurance companies that will come into force on 1 January 2016. It will modernise the existing regulatory framework, with the objective of providing an enhanced and more consistent level of protection for policyholders across Europe. Solvency II introduces features to improve a firm’s understanding and management of its risks, which should result in improved resilience to shocks.

Suggested Citation

  • Swain, Robin & Swallow, David, 2015. "The prudential regulation of insurers under Solvency II," Bank of England Quarterly Bulletin, Bank of England, vol. 55(2), pages 139-153.
    • Handle: RePEc:boe:qbullt:0172
    as

    Download full text from publisher

    File URL: http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2015/q203.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Breckenridge, John & Farquharson, James & Hendon, Ruth, 2014. "The role of business model analysis in the supervision of insurers," Bank of England Quarterly Bulletin, Bank of England, vol. 54(1), pages 49-57.
    2. Gracie, Andrew & Chennells, Lucy & Menary, Mark, 2014. "The Bank of England’s approach to resolving failed institutions," Bank of England Quarterly Bulletin, Bank of England, vol. 54(4), pages 409-418.
    3. Debbage , Simon & Dickinson, Stephen, 2013. "The rationale for the prudential regulation and supervision of insurers," Bank of England Quarterly Bulletin, Bank of England, vol. 53(3), pages 216-222.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. French, Andrea & Vital, Mathieu & Minot, Dean, 2015. "Insurance and financial stability," Bank of England Quarterly Bulletin, Bank of England, vol. 55(3), pages 242-258.
    2. Siri, Michele, 2017. "Corporate governance of insurance firms after Sovency II," ICIR Working Paper Series 27/17, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR).
    3. Tripti Sharma & Declan French & Donal McKillop, 2022. "Risk and Equity Release Mortgages in the UK," The Journal of Real Estate Finance and Economics, Springer, vol. 64(2), pages 274-297, February.
    4. Pierpaolo Marano & Michele Siri, 2018. "Cross-Border Insurance Groups: Towards a Comprehensive Supervision Under Solvency II," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 43(4), pages 594-614, October.
    5. Ameet Kumar & Khalid Ahmed & Mujeeb‐u‐Rehman Bhayo & Muhammad Ramzan Kalhoro, 2023. "Banking performance and institutional quality: Evidence from dynamic panel data analysis," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(4), pages 4717-4737, October.
    6. Nora Gavira-Durón & Daniel Mayorga-Serna & Alberto Bagatella-Osorio, 2022. "The financial impact of the implementation of Solvency II on the Mexican insurance sector," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 47(2), pages 349-374, April.
    7. Cynthia Van Hulle & Hans Degryse & Kristien Smedts, 2017. "Risk-sharing benefits and the capital structure of insurance companies," Working Papers Department of Accountancy, Finance and Insurance (AFI), Leuven 571404, KU Leuven, Faculty of Economics and Business (FEB), Department of Accountancy, Finance and Insurance (AFI), Leuven.
    8. Barry Sheehan & Christian Humberg & Darren Shannon & Michael Fortmann & Stefan Materne, 2023. "Diversification and Solvency II: the capital effect of portfolio swaps on non-life insurers," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 48(4), pages 872-905, October.
    9. Axel Möhlmann, 2021. "Interest rate risk of life insurers: Evidence from accounting data," Financial Management, Financial Management Association International, vol. 50(2), pages 587-612, June.
    10. Meier, Samira & Rodriguez Gonzalez, Miguel & Kunze, Frederik, 2021. "The global financial crisis, the EMU sovereign debt crisis and international financial regulation: lessons from a systematic literature review," International Review of Law and Economics, Elsevier, vol. 65(C).
    11. Oliver D. Bettis & Simon Dietz & Nick G. Silver, 2017. "The risk of climate ruin," Climatic Change, Springer, vol. 140(2), pages 109-118, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. French, Andrea & Vital, Mathieu & Minot, Dean, 2015. "Insurance and financial stability," Bank of England Quarterly Bulletin, Bank of England, vol. 55(3), pages 242-258.
    2. Farag, Marc & Harland , Damian & Nixon, Dan, 2013. "Bank capital and liquidity," Bank of England Quarterly Bulletin, Bank of England, vol. 53(3), pages 201-215.
    3. Liu, Zijun & Quiet, Stephanie & Roth , Benedict, 2015. "Banking sector interconnectedness: what is it, how can we measure it and why does it matter?," Bank of England Quarterly Bulletin, Bank of England, vol. 55(2), pages 130-138.
    4. Bush, Oliver & Knott, Samuel & Peacock, Chris, 2014. "Why is the UK banking system so big and is that a problem?," Bank of England Quarterly Bulletin, Bank of England, vol. 54(4), pages 385-395.
    5. Dickinson, Stephen & Humphry, David & Siciliani, Paolo & Straughan, Michael & Grout, Paul, 2015. "The Prudential Regulation Authority’s secondary competition objective," Bank of England Quarterly Bulletin, Bank of England, vol. 55(4), pages 334-343.
    6. Burrows, Oliver & Cumming, Fergus, 2015. "Mapping the UK financial system," Bank of England Quarterly Bulletin, Bank of England, vol. 55(2), pages 114-129.
    7. Achkasova Svitlana, 2017. "Determination of priority groups of indicators for threats identification to the financial security of insurance market," Technology audit and production reserves, 2(34) 2017, Socionet;Technology audit and production reserves, vol. 2(5(34)), pages 54-60.
    8. Balluck, Kushal, 2015. "Investment banking: linkages to the real economy and the financial system," Bank of England Quarterly Bulletin, Bank of England, vol. 55(1), pages 4-22.
    9. Breckenridge, John & Farquharson, James & Hendon, Ruth, 2014. "The role of business model analysis in the supervision of insurers," Bank of England Quarterly Bulletin, Bank of England, vol. 54(1), pages 49-57.
    10. Button, Richard & Knott, Samual & Macmanus, Conor & Willison, Matthew, 2015. "Desperate adventurers and men of straw: the failure of City of Glasgow Bank and its enduring impact on the UK banking system," Bank of England Quarterly Bulletin, Bank of England, vol. 55(1), pages 23-35.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:boe:qbullt:0172. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Publications Group (email available below). General contact details of provider: https://edirc.repec.org/data/boegvuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.