Calculating the RBC ratio (easy version) Rounding
For the Calculation Battlecard, my RBC ratio came out to be 149.6%, so I chose Regulatory Action Level, but it says it should be Company Control Level (rounding to 150%). Is rounding to the whole % number something that is done in practice and we should know? or is it just a fluke for this battlecard?
Comments
I think rounding is performed to determine action level.