New Swiss rules reveal hidden capital

The Bundesamt fur PrivaTVersicherungen (BPV) proposed the new rules, known as the Swiss Solvency Test (SST), in 2003, but only this year has a full impact study been conducted.

In its original formulation, the SST was intended purely as a supervisory review or Pillar II mechanism, leaving Switzerland's book value-based Pillar I capital requirements untouched.

Yet the introduction of SST, which has been acknowledged by regulators as being Europe's most advanced risk-based solvency framework, ha

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: