Risk Management for Insurers, Second Edition torrent

ABOUT THIS BOOK
The insurance industry is facing turbulent times and risk management is at the top of the agenda. This is particularly the case in Europe, where the introduction of Solvency II will drastically redesign the supervisory rules for regulatory capital for insurance companies.

This fully updated user-friendly second edition will quickly help you get to grips with risk management terms and techniques, and how they relate specifically to the insurance industry. It also demonstrates how Solvency II is already shaping the regulatory agenda and its likely impact on the insurance industry.


TABLE OF CONTENTS
About the Author vii

Preface ix

Introduction

The Insurer as a Financial Institution

Underwriting Risks: Life Risk and Non-Life Risk

Investment Risks: Market, Credit and Liquidity Risk

Non-financial Risks: Operational and Business Risk

The Global Financial Crisis

Insurance Regulation and Supervision

Solvency II

Banking Supervision: Basel I, II and III

Management Control

Organising Risk Management

Conclusion

Selected Bibliography


ABOUT THE AUTHOR
René Doff has worked in banking for a number of years, and been a risk manager since 2000. Within Rabobank, the largest bank in the Netherlands, he was involved in Basel II and economic capital implementations. Since 2005 he has been working in insurance, especially in Eureko Group, the largest insurance company in the Netherlands. He has been involved in risk management implementation and Solvency II. In that position he set and chaired up the Dutch Solvency II working group. In 2006 and 2007 he worked for the European Insurance Federation (CEA), one of the leading parties in the Solvency II debate. Since 2007 Rene has been involved in risk management and Solvency II implementation of Eureko’s Dutch and international insurance business.

René Doff has a background in finance, business administration and mathematics. In 2006, he earned his PhD on risk management for insurers. He is a regular speaker on international conferences. René publishes regularly in academic and practitioners’ journals and has written a number of books. In the Netherlands “Risk management for Insurers” (2006) and “Economic Capital and Risk Management in Banking” (2004) are considered as a standard work on risk management in the Netherlands. The first edition of this book “Risk Management for Insurers” (2007) has proven to be as successful.