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...

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Bibliographic Details
Main Author: Charalampos Fytros
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