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09.11.2020 | Carolyn Barsulai, Janina Voss | Asia, Caribbean, RBC, Risk based capital, Sub-Saharan Africa, Supervisory Dialogue
Around the world, countries are transitioning their insurance markets to more risk-based capital (RBC) regimes to ensure that insurers have sound financial positions and hold adequate levels of capital. This, in turn, enables the insurance sector to withstand shocks, continue to operate and pay policyholders’ claims. The Global Financial Crisis taught us this lesson; the Covid-19 pandemic is a harsh reminder.
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