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  • Value-at-Risk, Risk-Based Surplus, and RBC C-3 Prescribed Testing
    financial strength. Since solvency is a regulators’ primary concern, the formula makes sense. Within this ... capture or hold an associated required capital in direct proportion to the policy options that are captured ...

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    • Authors: Nancy Bennett, Michael J Hambro, Douglas A George, Anthony Dardis
    • Date: Sep 1999
    • Competency: External Forces & Industry Knowledge
    • Topics: Enterprise Risk Management>Risk measurement - ERM
  • Balancing Risks
    of the question, but I didn’t feel confident to direct certain actions because I didn’t have sufficient ... The investment strategy can be established with direct recognition of the product risk and free capital ...

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    • Authors: Nancy Bennett, Francis Sabatini, Peter Tilley
    • Date: May 1999
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: Record of the Society of Actuaries
    • Topics: Enterprise Risk Management>Risk measurement - ERM; Finance & Investments>Risk measurement - Finance & Investments