Solvency II and the Swiss Solvency Test (SST)

In a recent article entitled «Solvency II and the Swiss Solvency Test (SST)», Prof. Dr. Hato Schmeiser examines five key questions regarding the minimum capital adequacy of insurance companies: What is the aim of solvency regulation? What are the advantages and disadvantages of solvency regulation? How can the framework conditions of modern solvency models be described? What are the special features in the Solvency II and SST environment? And: What are the main differences between Solvency II and the SST?
The article will be published in the book «Solvency II: Present and Future», edited by H. Gründl, K. Van Hulle, and M. Kraft.