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MCR - Market Risk

Discussion in 'SA3' started by zuglubuglu, Jun 16, 2017.

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  1. zuglubuglu

    zuglubuglu Member

    The core readings explain how MCR for non-life underwriting risks are calculated under the standard model. However do individuals sitting for the exam need to know the MCR for other risks?
     
    zuglubuglu, Jun 16, 2017
    #1
  2. MorningtonCrescent

    MorningtonCrescent Member

    The MCR is calculated based on the technical provisions and the written premiums - so this is a proxy for insurance risk (not just underwriting risk).

    The MCR makes no allowance for other types of risk.
     
    MorningtonCrescent, Jun 20, 2017
    #2

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