E
eroche1
Member
Basically which of these include projections of new business?
Based on some series x questions NB is taken into account for setting expense assumptions and shocks but is future new business strain also projected for Pillar 2 ICA?
The internal model that is used to calculate the SCR does not include new business I assume. Is this correct?
Projections for the ORSA should include new business so in looking at the SCR and MCR over the business planning horizon the ORSA is more similar to the Pillar 2 ICA than to the internal model, at lease where SCR projections are concerned. Is this statement correct?
Based on some series x questions NB is taken into account for setting expense assumptions and shocks but is future new business strain also projected for Pillar 2 ICA?
The internal model that is used to calculate the SCR does not include new business I assume. Is this correct?
Projections for the ORSA should include new business so in looking at the SCR and MCR over the business planning horizon the ORSA is more similar to the Pillar 2 ICA than to the internal model, at lease where SCR projections are concerned. Is this statement correct?