S
SA2 Student
Member
Hi,
I thought I had this sorted in my mind but think I've confused myself!!!
Under Pillar 1 I would view the total capital required as a combination of:
1. Liabilities (math reserves (peak 1)/realistic liabs (peak 2))
2. A solvency margin
The assets to cover 1 I would classify as policyholer assets while the assets used to cover 2 I would classify as shareholder.
Is the capital required from the ICA/ICG meant to be the sum of these??
Thanks
I thought I had this sorted in my mind but think I've confused myself!!!
Under Pillar 1 I would view the total capital required as a combination of:
1. Liabilities (math reserves (peak 1)/realistic liabs (peak 2))
2. A solvency margin
The assets to cover 1 I would classify as policyholer assets while the assets used to cover 2 I would classify as shareholder.
Is the capital required from the ICA/ICG meant to be the sum of these??
Thanks