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Thailand in focus - What's new in Non-Life August 2022
The latest on Thailand non-life insurance: Premiums rise 2.3% 1Q versus the same period in 2021, while net loss ratio increases to 156.4%, up from 57.3%.
The Volatility Adjustment (VA) is the most widely used Long-Term Guarantee measure under Solvency II. In this training pack, we examine the VA in detail building upward from a basic understanding of spread risk to the calculation of the VA itself, its impact on insurers’ balance sheets and current issues with the design of the VA.
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