Transcription of Risk-Based Capital Framework for Insurers [Version 3.0]
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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 .. 11 15. Capital charge for operational risk .. 12 16. Surrender value Capital charges .. 13 PART D VALUATION OF ASSETS AND LIABILITIES .. 14 17. Overview .. 14 18. Valuation of assets .. 14 19. Valuation of liabilities .. 14 20. [Deleted].. 16 21. [Deleted].. 16 PART E INVESTMENT OF INSURANCE FUNDS .. 17 22.
BNM/RH/GL 003-24 Prudential Financial Policy Department Risk-Based Capital Framework for Insurers [Version 3.0] Page 2/132 (ii) The statutory valuation bases for …
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Capital Adequacy in Insurance, Capital adequacy, Capital, Based Capital Framework for Insurance Business, Securities and futures act cap, Capital Adequacy Framework Capital Components, CAPITAL Section 2, Federal Deposit Insurance Corporation, CAPITAL. Section 2, Insurance, CAPITAL ADEQUACY AND BANKS' PROFITABILITY, Sakib