Transcription of Risk-Based Capital Framework for Insurers …
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Issued on: 20 June 2013 Risk-Based Capital Framework for Insurers [ version ] PART A OVERVIEW .. 1 1. Objectives .. 1 2. Legal provisions .. 2 3. Applicability .. 2 4. Effective date .. 3 5. [Deleted].. 3 PART B Capital ADEQUACY .. 4 6. Capital Adequacy Ratio the formula .. 4 7. Total Capital available .. 5 8. Deductions from Capital .. 7 9. Total Capital required .. 7 PART C Capital REQUIRED TO MITIGATE MAJOR risks .. 8 10. Total Capital required .. 8 11. Capital charges for credit risk .. 8 12. Capital charges for market risk .. 9 13. Capital charges for general insurance liabilities .. 9 14. Capital charges for life insurance liabilities.
BNM/RH/GL 003-24 Prudential Financial Policy Department Risk-Based Capital Framework for Insurers [Version 3.0] Page 1/132 PART A OVERVIEW
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Assessing Risk Culture, Supervisory, Risk Culture, Framework, 1 Risk Management Framework, Risk, Financial Stability Board, Global Regulatory Network, Ernst &, Based, Basel Committee on Banking Supervision Standards, Basel Committee on Banking Supervision Standards Supervisory framework, SUPERVISORY RISK ASSESSMENT AND EARLY, Our experience of running similar Ready, Our experience of running similar, Federal Reserve, October 11, 2013