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Abstract

This study presents and discusses a concept of static observation instrumentarium built on general actuarial model of insurance operations and which, for the first time, provides sufficient amount of static information for actuarial calculations and actuarial control. The development of the proposed reporting form was based on the analysis of the EU Directive (Solvency II). It is presented in a hierarchic form of static reporting with the focus on automatic data insertion. The structure, its advantages and performance were discussed in details and the assessments showed that this reporting form possesses the required elements needed by the big insurance companies. The new reporting form is totally electronic, which simplifies the processing of information and its further transmission and use. In this regard, this new reporting form has been replacing the actual forms that have been used for static report on the insurance company activities.

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Abstract

This study presents and discusses a concept of static observation instrumentarium built on general actuarial model of insurance operations and which, for the first time, provides sufficient amount of static information for actuarial calculations and actuarial control. The development of the proposed reporting form was based on the analysis of the EU Directive (Solvency II). It is presented in a hierarchic form of static reporting with the focus on automatic data insertion. The structure, its advantages and performance were discussed in details and the assessments showed that this reporting form possesses the required elements needed by the big insurance companies. The new reporting form is totally electronic, which simplifies the processing of information and its further transmission and use. In this regard, this new reporting form has been replacing the actual forms that have been used for static report on the insurance company activities.

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