In: Finance
Which area of insurance regulation includes risk-based capital requirements, guaranty funds, and financial reporting requirements? A. Licensing regulation C. Solvency regulation B. Rate regulation D. Regulation of sales practices
Solvency regulation
It deals with
Solvency Regulation contains the following:-
1) valuation of assets and liabilities,
2) technical provisions,
3) solvency capital requirement,
4) own funds,
5)minimum capital requirement and
6) investment rules