Question
At 31 Mar, management projects a worst-case stress
showing net technical provisions plus URR exceed current solvency margin by 10%. Regulator requires prompt remedial plans. Which immediate action is most appropriate while preparing a remediation plan?Solution
Regulatory regimes require timely notification and remedial plans if solvency tests fail or coverage weakens. Immediate halting of business may be disproportionate; instead a formal action plan (capital, reinsurance, underwriting changes) and engagement with regulator is appropriate.
Which one among the following is best suited as a title for the above passage?
Increasing privacy and security concerns coupled with economic interests have compelled governments to institute rules and standards that govern ...
Select the most appropriate option for blank No. 84
________ aim in life is to provide happiness _______ enable a harmonious atmosphere _________ everyone forever.
Which of the following options is most suitable for blank 1?
1) announcing 2) issued 3) delivered 4) expression 5) laid
...________ the current government _________ to revive neoliberal momentum, there is no assessment of the legacy of liberalisation even ________ narrow eco...
From the following select the appropriate word to replace number (50) in the above passage.
Which of the following is not a synonym of “Discrimination”?
Find the appropriate word.