TY  - RPRT
A1  - Gründl, Helmut
A1  - Schmeiser, Hato
T1  - Long-term guarantees and the countercyclical premium under Solvency II
T2  - Policy Platform - Policy Letter
N2  - This article discusses the effects of the countercyclical premium discussed in insurance supervision in the context of Solvency II. While the basic principle of introducing countercyclical elements into Solvency II is endorsed, the authors argue for a system based on market scenarios which would enforce stricter capital requirements in boom times and less strict requirements in times of crisis.
KW  - insurance supervision
KW  - capital requirements
KW  - Solvency II
Y1  - 2011
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/33566
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-335661
UR  - http://safe-frankfurt.de/de/policy-center/publikationen/details/article/long-term-guarantees-and-the-countercyclical-premium-under-solvency-ii.html
EP  - 2
PB  - SAFE
CY  - Frankfurt am Main
ER  -