Do Shares in other Insurance Companies Reduce the Solvency Margin of an Insurer?
Walter Karten
Chapter 13 in Risk, Information and Insurance, 1991, pp 257-267 from Springer
Abstract:
Abstract In the European Community and many other countries the law requires (or the market forces) insurers to maintain a solvency margin—that is, to have a well-defined amount of equity capital, for example, at least equal to a specified percentage of the premium income.
Keywords: Cash Flow; Return Flow; Solvency Control; Equity Capital; Supervisory Authority (search for similar items in EconPapers)
Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-94-009-2183-2_13
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DOI: 10.1007/978-94-009-2183-2_13
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