ABSTRACT

Reflecting the author's wealth of experience in this field, Handbook of Solvency for Actuaries and Risk Managers: Theory and Practice focuses on the valuation of assets and liabilities, the calculation of capital requirement, and the calculation of the standard formula for the European Solvency II project.The first three sections of the book examin

chapter 1|6 pages

Solvency

chapter 2|16 pages

A Historical Review

chapter 3|26 pages

Managing Risks and the Enterprise

chapter 5|14 pages

Elements of Solvency Assessment Systems

part |2 pages

PART B. Valuation, Investments, and Capital

chapter 6|16 pages

Total Balance Sheet Approach

chapter 7|4 pages

Asset Valuation

chapter 8|28 pages

Liability Valuation

chapter 9|12 pages

Other Valuation Issues

chapter 10|6 pages

Investments and Own Funds

chapter 11|20 pages

Accounting Valuation

part |2 pages

PART C. Modeling and Measuring

chapter 12|8 pages

Developing a Model

chapter 13|28 pages

Dependence

chapter 14|30 pages

Risk Measures

chapter 15|18 pages

Capital Requirement

chapter 16|4 pages

Risks and Subrisks

chapter 17|22 pages

Market Risk

chapter 18|26 pages

Credit Risk

chapter 19|10 pages

Operational Risk

chapter 20|8 pages

Liquidity Risk

chapter 21|24 pages

Underwriting/Insurance Risk

part |2 pages

PART D. European Solvency II General Ideas, Valuation and Investment: Final Advice

part 30|2 pages

Solvency II Standard Formula: Liquidity Risk

part |2 pages

PART F. Backgrounds and Calibrations

chapter |4 pages

PART F Backgrounds and Calibrations