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Introduction

In: Capital Requirements, Disclosure, and Supervision in the European Insurance Industry

Author

Listed:
  • Maria Grazia Starita
  • Irma Malafronte

Abstract

The aim of this chapter is to introduce and address the main issues that are discussed in each chapter of this manuscript. This chapter has five goals: identifying the main’ solvency II drivers’ and the main characteristics of the European insurance industry; introducing the risk-based approach to derive the new capital requirement for European insurers; describing the main ways in which control can be exercised within the insurer’s risk management framework by the insurer itself, and on the insurer by the supervisor according to a risk-based approach; identifying the market discipline process and the role of supervision under the Solvency II Directive; presenting the approach to disclosure consistent with the Solvency II third pillar requirements.

Suggested Citation

  • Maria Grazia Starita & Irma Malafronte, 2014. "Introduction," Palgrave Macmillan Books, in: Capital Requirements, Disclosure, and Supervision in the European Insurance Industry, chapter 1, pages 1-10, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-39084-4_1
    DOI: 10.1057/9781137390844_1
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    Cited by:

    1. Joutsenvirta, Maria, 2016. "A practice approach to the institutionalization of economic degrowth," Ecological Economics, Elsevier, vol. 128(C), pages 23-32.
    2. Fuente-Carrasco, Mario Enrique & Barkin, David & Clark-Tapia, Ricardo, 2019. "Governance from below and environmental justice: Community water management from the perspective of social metabolism," Ecological Economics, Elsevier, vol. 160(C), pages 52-61.
    3. Mariani, Marcello M. & Ek Styven, Maria & Nataraajan, Rajan, 2021. "Social comparison orientation and frequency: A study on international travel bloggers," Journal of Business Research, Elsevier, vol. 123(C), pages 232-240.

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