Insurance: Just Part of the Financial Sector? [22]

Go to: Summary | Previous | Next   
Bullet points include: Basel III. Despite modifications versus Basel II arguably still does not fully reflect importance of diversification or adequately penalise portfolio concentrations. These features can instead be introduced by the supervisor. Some types of risk mitigation contracts recognised. Solvency II. Greater explicit recognition of diversification effects and risk interdependencies via correlation matrices. Virtually all types of risk mitigation contracts recognised

Contents | Prev | Next | Library

Desktop view | Switch to Mobile