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THE FATAL ERROR OF SOLVENCY II
Author(s) -
Huerta de Soto Jesús
Publication year - 2009
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.2009.01900.x
Subject(s) - solvency , actuarial science , solvency ratio , business , economics , finance , market liquidity
The introduction of the Solvency II insurance company regulatory regime is based on a flawed application of scientific ideas to areas to which they are simply not applicable. The new regime will endanger the solvency of the insurance industry in the long run.