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    Relevant applications of Monte Carlo simulation in Solvency II

    The definition of solvency for insurance companies, within the European Union, is currently being revised as part of Solvency II Directive. The new definition induces revolutionary changes in the logic of cont...

    Giuseppe Casarano, Gilberto Castellani, Luca Passalacqua, Francesca Perla… in Soft Computing (2017)