頁籤選單縮合
題 名 | 人壽保險證券化商品法制架構與未來展望=The Regulatory Framework and Future Prospects of Life Insurance Securitization |
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作 者 | 卓俊雄; | 書刊名 | 經社法制論叢 |
卷 期 | 41 2008.01[民97.01] |
頁 次 | 頁27-66 |
分類號 | 563.538 |
關鍵詞 | 保險連結證券; 人壽保險證券化; 新興風險移轉; 架構式融資與保險; Insurance linked securitization; Life insurance securitization; Alternative risk transfer; Structured finance & insurance; |
語 文 | 中文(Chinese) |
中文摘要 | 人壽保險證券化商品在歐、美歷經十餘年的發展下,其發行態樣及功能業已日趨成熟,並受人壽保險業歡迎,用以規避風險並取得資金之一大工具。此商品為我國人壽保險業現行經營困境帶來一線曙光,實值借鏡參酌。故本文將從人壽保險證券化商品之基本概念略為說明後,進而就近期內所發行之商品舉例說明其發行架構並分析人壽保險證券化重要參與機構間法律關係,期能有效理解此商品之發行態樣、功能及法制架構。最後將略述Solvency II之實施對此商品未來發展的影響,並參酌歐、美之發行經驗為建構我國良好發行環境提供建言。 |
英文摘要 | Securitization in the life insurance industry is a relatively new development. This study aims to analyze the legal aspects of life insurance securitization in Taiwan. Therefore, this paper provides an overview of recent practices in life insurance securitization and aims to demonstrate that these new emerging financial products have viable viable potential for insurance companies in the future to reduce the cost of (regulatory) capital and transferring risk to the capital markets. Thereafter a short overview of historic development is discussed, suggesting different forms of securitization in the life insurance industry. In addition, the mechanisms of securitization transaction will be described and evaluated the possible legal problems that might have arisen in connection with issuing these products. Finally, the outcome of this study suggests that there is a need for a dedicated legislative framework. This article also offers some suggestions and recommends that the “NAIC Model Acts” could be one of important references. |
本系統中英文摘要資訊取自各篇刊載內容。