What is the SST ratio?

What is the SST ratio?

The SST ratio is a function of available and required capital based on an economic valuation of assets and liabilities with an integrated forward-looking assessment of underwriting, financial market and credit risk and, therefore, our SST ratio could fluctuate from reporting date to reporting date, and such …

What does SST stand for in insurance?

The Swiss Solvency Test ( SST ) is used to assess the capitalisation of an insurance company. Insurance companies are required to submit an SST report to FINMA for review at least once a year. The Swiss Solvency Test ( SST ) is a modern supervisory tool which adopts a risk-based and total balance sheet approach.

What is SST in risk management?

for U.S. life insurers are undergoing a dramatic overhaul, Swiss companies and the Swiss regulator, the Federal Office of Private Insurance (FOPI), are heavily engaged in the Swiss Solvency Test (SST) paradigm, in force since Jan. 1, 2006. The SST attempts to foster better risk management practice among insurers.

What is risk bearing capital?

Risk-bearing capital (RBC) is a balance sheet item that corresponds to the “Technical provisions” typically used in the insurance industry. The RBC is determined by means of an actuarial model taking into account all asset portions at risk of loss.

What is SST in business?

Read on to learn how Streamlined Sales Tax (SST) came to be, how it helped secure the repeal of the physical presence rule, and how it can benefit businesses.

What are enterprise level risks?

Enterprise risks are potential losses that are relevant at the top level of an organization. These require the attention of corporate governance and executive management.

How do you mitigate capital risk?

So, your job when seeking capital is to reduce the investor or lender’s risk as much as possible….5 Ways to Minimize Risk for Investors

1. Build a board of advisors.
2. Secure beta customers.
3. Forge partnerships.
4. Secure publicity.
5. Generate revenue.