CONSOL-M · The Consistent Solvency Model for the insurance undertakings in the European Single Insurance Market
6РП — Действия „Мария Кюри“
- Период
- 2006-02-15 → 2007-08-14
- Финансиране от ЕС
- 137 216 €
- Участници
- 1
- Схема
- EIF
Линиите свързват координатора с партньорите.
Накратко на български
Финансовата стабилност на застрахователните компании се анализира чрез нови модели, които включват не само парите, но и качеството на управлението и контрола. Това помага за по-добра защита на потребителите и акционерите, както и за стабилност на европейския застрахователен пазар.
Кратко обяснение, генерирано от езиков модел по текста на CORDIS. Оригиналът е по-долу.
Цел на проекта
The project CONSOL-M focuses on the solvency requirements of the insurance undertakings functioning within the European Single Insurance Market (ESIM). Currently the solvency of an insurer is examined by the supervision authority only in relation to the qu antifiable risks, i.e. financially measurable risks (= a solvency margin on top of the technical provisions). The other risk categories (the qualitative risks) such as the capital investment risk, the corporate governance risk, the internal control quality , the risk management as well as market disclosure are not taken into account so far. However we believe these qualitative aspects have a considerable influence on the overall solvency position of the insurer. It implies that an overall risk-based solven cy model does not exist yet. Therefore, to maintain the stability of the European insurance market, there is an urgent need to establish a new consistent solvency framework for the insurance companies across the enlarged European Union. The principal objec tive of CONSOL-M is to develop an all-risk-based solvency model and to compare and measure the impact of imposing such standards on the ESIM. In order to realize this scientific project two goals are distinguished: to develop a theory on how to build and e valuate a consistent solvency framework regarding all risks determining the overall financial situation of the European insurer, to measure the economical consequences with respect to both consumer - and shareholder protection as well as market stability ( multi-parties point of view).The novel situation is of essential meaning for the further establishment and coordination of the integrated solvency supervision model within the enlarged ESIM. The results of CONSOL-M will allow better match solvency require ments to the true risk encountered by an insurance company.
Оригинален текст от CORDIS (на английски).
Участници
- KATHOLIEKE UNIVERSITEIT LEUVEN · LEUVENКоординаторБелгия
Връзки
Данни: CORDIS, © Европейски съюз