Any fool can make things bigger and
more complex. It takes a touch of
genius to move in the opposite direction.
—
Our
founder wrote as co-author (together with Ioannis
Akkizidis) a chapter of a book about risk management for insurance
companies, titled “The Solvency II Handbook”. The chapter covers "Solvency
II and Liquidity Risk in Insurance Companies". It provides the concepts,
several case studies from the global financial crisis and the treatment of liquidity risk in Solvency II. The
book has been published by Risk Books.
The book can be reviewed and ordered at http://riskbooks.com/Insurance/solvency%20II.php
Our liquidity paper is a prominent
reference in the IMF working paper
‘Possible Unintended Consequences of Basel III and Solvency II’: https://www.imf.org/external/pubs/ft/wp/2011/wp11187.pdf