... as the nature and scope of the business activities conducted by them, there exists no single set of 2 universally applicable implementation measures. It must also be emphasized that the contents of the Guideline is neither intended to, nor should be construed as, an exhaustive list of the means of...

... would assess whether such inforce policies were in fact serving as collateral assigned or acquired via PF. As these policies are often single pay or the total premiums are already prepaid upfront, these policies would be shown as being “fully paid” in the insurer’s system, whereas in fact there could...

... In June 2016, the IAIS and the IA jointly hosted the IAIS 2016 Field Testing Workshop in Hong Kong. The IAIS conducts Field Testing to develop a single, risk-based Insurance Capital Standard within the Common Framework for the Supervision of Internationally Active Insurance Groups (“Common Framework...

... In June 2016, the IAIS and the IA jointly hosted the IAIS 2016 Field Testing Workshop in Hong Kong. The IAIS conducts Field Testing to develop a single, risk-based Insurance Capital Standard within the Common Framework for the Supervision of Internationally Active Insurance Groups (“Common Framework...

... In June 2016, the IAIS and the IA jointly hosted the IAIS 2016 Field Testing Workshop in Hong Kong. The IAIS conducts Field Testing to develop a single, risk-based Insurance Capital Standard within the Common Framework for the Supervision of Internationally Active Insurance Groups (“Common Framework...

... Office of the Commissioner of Insurance 2013 Annual Report 2 Contents Contents 2 Mission Statement 3 Key Indicators 5 Insurance Industry Statistical Highlights 8 Message from the Commissioner 12 1. Work of the Insurance Authority 15 2. General Insurance Business 26 3. Long Term Insurance Business 5...

... Office of the Commissioner of Insurance 2013 Annual Report 2 Contents Contents 2 Mission Statement 3 Key Indicators 5 Insurance Industry Statistical Highlights 8 Message from the Commissioner 12 1. Work of the Insurance Authority 15 2. General Insurance Business 26 3. Long Term Insurance Business 5...

... Office of the Commissioner of Insurance 2013 Annual Report 2 Contents Contents 2 Mission Statement 3 Key Indicators 5 Insurance Industry Statistical Highlights 8 Message from the Commissioner 12 1. Work of the Insurance Authority 15 2. General Insurance Business 26 3. Long Term Insurance Business 5...

... international standard. This corresponds to the worst loss expected to occur in a single year over the next two hundred years.     21 4.4.5 Another measure that could also be used is a tail value-at-risk (TVaR) measure, also sometimes referred to as conditional tail expectation. TVaR essentially measures the...

... Office of the Commissioner of Insurance 2014 Annual Report Contents 3 Mission Statement 5 Key Indicators 8 Insurance Industry Statistical Highlights 12 Message from the Commissioner 15 Work of the Insurance Authority 25 General Insurance Business 44 Long Term Insurance Business 60 Supervisory Devel...