1. 

   puzzled student Member

   I've just read the solution to question 15.11 in the notes which gives the disadvantages of writing capital intensive business. Two of the reasons are that it could:
   
   "lead directly to a problem with supervisory solvency"
   "lead unexpectedly to a problem with statutory solvency"
   
   I thought supervisory and statutory meant the same thing - can anyone clarify?
   
   Thanks

    

   puzzled student, Aug 6, 2011

   #1
2. 

   Anna Walklate ActEd Tutor Staff Member

   You'll be fine using the two terms interchangeably in Subject ST1.

    

   Anna Walklate, Aug 8, 2011

   #2

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