Considerations for financial condition testing in 2020 given the COVID-19 pandemic

By Michelle Lindo, FCIA, Chair of the Committee on Risk Management and Capital Requirements Which items should we pay special attention to in the FCT this year given that we are in the midst of the COVID-19 pandemic? Adjustments to the base scenario Typically, the base scenario is based on the business plan. It is possible that the business plan does not yet reflect any adjustments for COVID-19...

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