The aporetic financialisation of insurance liabilities: Reserving under Solvency II
The valuation of insurance liabilities has traditionally been dealt with by actuaries, who closely monitored underlying illiquid features, assumed a long-term perspective, and exercised their own subjective, expert judgment. However, the new EU regulatory regime of Solvency II (S2) has come to requi...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Cambridge University Press
2021-01-01
|
Series: | Finance and Society |
Subjects: | |
Online Access: | https://www.cambridge.org/core/product/identifier/S2059599900000972/type/journal_article |