ASSA RMC/FSB Reportback Sessional Meeting 14 March 2018
The sessional meeting will provide feedback from the FSB. Discussion will include various industry statistics, the status with regard to Twin Peaks, the importance of TCF and the latest FSB Appeal Board rulings.
Various SAM Task Groups have been working hard on the recalibration of the non-life parameters within the standard formula. This includes the non-life premium and reserve risk and the non-life catastrophe risk sub-modules. The recalibrated standard formula forms part of the second Quantitative Impact Study considering the impact of the…