The Thai life insurance regulator released the latest draft Risk Based Capital 2 (RBC 2) framework in April 2016 following industry analysis and consultation stretching back to 2012. The draft RBC 2 framework has been broadly based on principles and concepts surrounding consistency with the ICP 17 Capital Adequacy standards. This e-Alert compares the key changes proposed in the RBC 2 framework with the existing RBC framework and explains what these changes, if adopted, may mean for the Thai life insurance industry.
About the Author(s)
Contact us
We’re here to help you break through complex challenges and achieve next-level success.
Draft Risk Based Capital 2 Framework for Thailand
This e-Alert compares the key changes proposed in the Risk Based Capital 2 (RBC 2) framework with the existing RBC framework and explains what these changes, if adopted, may mean for the Thai life insurance industry.
Michael Daly, Sing Yee Yeoh