Hi,
I Have been doing some research on Risk Based Capital. I was hoping if someone can explain the factors of calculating TAC as seen below.
Why is AVR and 50% of dividend added ?
TAC= Statuotry capital + surplus +AVR+ 50% of policyholder dividend
Source of insurance-forums.net
I Have been doing some research on Risk Based Capital. I was hoping if someone can explain the factors of calculating TAC as seen below.
Why is AVR and 50% of dividend added ?
TAC= Statuotry capital + surplus +AVR+ 50% of policyholder dividend
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