The Supervision of European Insurance Groups

Alberto Dreassi and Stefano Miani
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Alberto Dreassi: University of Udine
Stefano Miani: University of Udine

Chapter 8 in Consolidation in the European Financial Industry, 2010, pp 131-145 from Palgrave Macmillan

Abstract: Abstract The regulation of cross-border and cross-sector financial activities is currently facing several issues and challenges, most of which are the result of the lack of a thorough cross-national harmonisation of business and supervisory practices. The European legislator is expending substantial energy on its forthcoming Solvency 2 framework which, despite its scheduled implementation in 2012, is still struggling to achieve a standard approach for the financial requirements, supervisory review process and market conduct of European insurers and reinsurers.

Keywords: Banking Sector; International Financial Reporting Standard; Insurance Group; Capital Adequacy; Diversification Benefit (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-27502-7_8

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DOI: 10.1057/9780230275027_8

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