Until now there were no published analyses of the recent solvency work conducted in Europe, specifically the risk categories proposed by the International Actuarial Association (IAA). Answering the insurance industry's demand in the wake of the EU Solvency II project, Solvency: Models, Assessment and Regulation provides a concrete summary and revie

Past and Present: a Historical Review and Different Approaches to Solvency. Present: Modeling a Standard Approach. Present and Future: EU Solvency II - Phase 2: Groups and Internal Modeling in Brief.