Browse

Solvency II and Basel III regulations introduced on the European level brought about certain conditions to be fulfilled by the financial entities that are offering financial services to end users. One of the biggest change due to Solvency II is for the insurance undertakers to be aware of the risks profile of the their clients and of the markets (external risks) but in the same time to evaluate and counteract the negative effects of the operational risks - these are, after 5 years or more of discussions at Europea...