Risk Based Capital – An Overview Of The Regimes In ASEAN Impacting Reinsurance

Through lectures and discussions, participants will acquire an understanding of the different types of capital and the use of risk-based capital in insurance. Participants will appreciate the regulatory capital framework in the various ASEAN countries, and the various constituent components that making up the statutory capital requirements. Lastly, participants will learn the application of reinsurance in RBC including how reinsurance can improve the solvency ratio, how it can be used as an alternative source of capital and how it can be optimised in the context of the ERM Framework.