Industry picks holes in BCR proposals

IAIS seeking a middle way on insurance capital rules

IAIS: in search of consensus

The Rorschach test is a psychological assessment where individuals’ interpretations of inkblots are assessed to tease out personality characteristics and emotional processes. In today’s bamboozling regulatory environment, the basic capital requirement (BCR) is the insurance world’s answer to the Rorschach test: each person who tries to explain it ends up saying something different – and saying something about themselves in the process. 

According to the International Association of Insurance

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: