Abstract
The NAIC is currently testing proposed formulas to establish Risk-Based Capital requirements for property-casualty insurance companies. These requirements will be based on a formula calculation of risks facing an individual company, including risks of adverse loss reserve development, inadequate pricing, and declines in asset values. The panel will discuss the proposed formulas and the implications with respect to company financial strategies and operating strategies.
Year
1993
Categories
Actuarial Applications and Methodologies
Regulation and Law
Risk-Based Capital
Publications
CLRS Transcripts
