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.
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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Risk capital, Risk, Economic Capital versus Regulatory capital for, Macro-prudential policy, bank systemic risk, Capital, American Finance Association, Basel Committee on Banking Supervision Consultative, Based Capital Framework for Insurance Business, CAPITAL Section 2, Federal Deposit Insurance Corporation, CAPITAL. Section 2, North American CRO Council