goal of RBC
Hi,
What are the goals or objectives of RBC model? I can't find it in the material or wiki
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Hi,
What are the goals or objectives of RBC model? I can't find it in the material or wiki
Comments
Odomirok's first paragraph in the RBC section provides a cursory overview of the tenets of RBC.
You can find more background info on NAIC's website:
https://content.naic.org/cipr-topics/risk-based-capital#:~:text=The%20RBC%20requirement%20is%20a,in%20proportion%20to%20its%20risk.
RBC is the regulatory facet of the much larger risk management topic of risk capital analysis. Some of the concepts used in RBC are helpful in getting a head-start in risk capital analysis.