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The standard formula of Solvency II: a critical discussion
2020
European Actuarial Journal
AbstractEstablishing a standard formula (SF) for the regulation of European insurance companies is a Herculean task. It has to acknowledge very different business models and national peculiarities. In addition, regulatory authorities—as a stakeholder on their own—have a number of supervisory objectives the SF should incentivize. With the intervention of the SF in economic activities, the principle of equal treatment must be maintained. The large circle of users makes its procedural simplicity
doi:10.1007/s13385-020-00252-z
fatcat:oy36z7o7zjcdjj7fnj7tthdwbu