Risk-based approaches including projects to introduce risk-based capital (RBC) have been identified as an imperative to enhance insurance market development. To develop, markets need to change. Innovation is often constrained by both skills and funds, both of which can be in short supply particularly if competitive pressures are delivering unprofitable and unsustainable business performance. This note discusses why risk-based supervision (RBS) and...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2020/08/05
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Developing Insurance Markets : Why Risk-Based Capital Reform Works Better than Nominal Capital Increases?
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insurance market