Question
a.
To increase profits for insurance companies.
b.
To reduce the number of insurance policies sold.
c.
To ensure insurers have enough capital to meet various risks.
d.
To encourage risk-taking behavior among insurers.
Posted under IC 92 Actuarial Aspects of Product Development
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Q. What is the purpose of using Risk Based Capital (RBC) as a tool according to insurance regulators?
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