SOLVENCY II und dessen Implikationen auf das Operationale Risikomanagement von Versicherungsunternehmen

Abstract

ROMUS, Ramin: Solvency II and its implications for the Operational Risk Management of Insurance Companies [dissertation], VŠB-TECHNICKÁ UNIVERZITA OSTRAVA, EKONOMICKÁ FAKULTA, advisor: Prof. Ing. Otto Tyrlík, C.Sc., Ostrava 2011. The impetus for a management of operational risks in the banking sector has already been given some years ago by Basel II, and now Solvency II introduces it also in the insurance industry. According to experts, from the introduction of Solvency II, considerable problems arise for the operational risk management of the insurers, regarding the requirements they have to meet of developing a comprehensible risk management process of identification, analysis, assessment and control of operational risks. Some selected problems that have not been treated exhaustively enough until now, due to the novelty of the topic, are highly suitable for scientific examination within this dissertation. After the theoretical analysis of the topic, some of the main problems and flaws of operational risk management within Solvency II are described. To identify them, representative studies were analysed and own investigations were carried out for some selected problems. In these investigations, the development of an exemplary portfolio of operational risks was analysed on the basis of a practical example and practice-oriented recommendations were drawn up subsequently. For the specific problem “controlling operational risks using early warning systems”, the author developed a risk indicator for the operational risk “internal fraud”