Κίνδυνος και κόστος μετοχικού κεφαλαίου σύμφωνα με την οδηγία Solvency II
Risk and cost of equity capital based on Solvency II
Παπαϊωάννου, Ελένη Ν.
KeywordsΚόστος κεφαλαίου ; Φερεγγυότητα ; Ανάλυση παλινδρόμησης ; Ασφαλιστικές εταιρείες ; Solvency II
In this paper we introduce the concept of risk and cost of equity capital assumed an insurance company based on Solvency II. In particular, we will present the methods which are used to estimate the cost of capital in the insurance industry, the legal framework Solvency II and the structure of capital for insurance companies. Insurance companies can use the cost of capital in order to estimate some assets such as the Solvency Capital Requirement (SCR) and the Minimum Capital Requirement (MCR), which are a part of the capital requirements that have to be paid by investors to ensure the solvency of their company.